Lighthouse Inn At Aransas Bay | 200 S Fulton Beach Rd
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Lighthouse Inn At Aransas Bay 200 S Fulton Beach Rd
78 Room Hotel Rockport, TX 78382 For Sale
Investment Highlights
- Full-service, 78-room hotel on 2± AC of waterfront property
- Fast-growing market just 30 miles northeast of Corpus Christi
- Full renovation in 2018
- TTM Revenue: $2.9M (53% Occ)
Executive Summary
The bid deadline has been extended to November 1 by 5:00 p.m. (CT).
Hilco Real Estate announces a Bankruptcy Sale with the U.S. Bankruptcy Court Southern District of Texas (Corpus Christi), Petition No. 24-20201 (MI) | In re: Heritage Hotels Rockport, LLC. On-site inspections will be held on October 9, 16 and 23, by appointment only.
This spectacular, 78-room, full-service hotel, located directly on the beautiful Aransas Bay, offers savvy hotel owners, operations and investors the opportunity to acquire a turnkey hotel at a significant discount to replacement cost. With trailing 12 months (TTM) revenue of nearly $3M, the hotel features strong in-place revenue streams. Further, the surrounding coastal regions of Corpus Christi saw robust population growth between mid-2022 and mid-2023, signaling increased tourism rates and timely investment into the Rockport area in years to come.
Located along the Gulf of Mexico in South Texas, Corpus Christi sees more than 10.6 million visitors each year. The city has experienced strong traveler demand over the past two years, with a 20% increase in occupancy rates from 2022 to 2023. This surge highlights the potential for additional hospitality development as the market continues to grow. The right investor can take advantage of this submarket and capitalize on the Lighthouse Inn’s unmatched location and views.
Hilco Real Estate announces a Bankruptcy Sale with the U.S. Bankruptcy Court Southern District of Texas (Corpus Christi), Petition No. 24-20201 (MI) | In re: Heritage Hotels Rockport, LLC. On-site inspections will be held on October 9, 16 and 23, by appointment only.
This spectacular, 78-room, full-service hotel, located directly on the beautiful Aransas Bay, offers savvy hotel owners, operations and investors the opportunity to acquire a turnkey hotel at a significant discount to replacement cost. With trailing 12 months (TTM) revenue of nearly $3M, the hotel features strong in-place revenue streams. Further, the surrounding coastal regions of Corpus Christi saw robust population growth between mid-2022 and mid-2023, signaling increased tourism rates and timely investment into the Rockport area in years to come.
Located along the Gulf of Mexico in South Texas, Corpus Christi sees more than 10.6 million visitors each year. The city has experienced strong traveler demand over the past two years, with a 20% increase in occupancy rates from 2022 to 2023. This surge highlights the potential for additional hospitality development as the market continues to grow. The right investor can take advantage of this submarket and capitalize on the Lighthouse Inn’s unmatched location and views.
Property Facts Under Contract
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Retail
- On-Site Bar
- Boutique/Lifestyle Hotel
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 42 | $179.00 | - |
| Guest Room | 36 | $169.00 | - |
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zoning
| Zoning Code | B-1 |
| B-1 |
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Lighthouse Inn At Aransas Bay | 200 S Fulton Beach Rd
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