Radisson Hotel McAllen Airport | 2721 S 10th St
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Radisson Hotel McAllen Airport 2721 S 10th St
150 Room Hotel McAllen, TX 78503 $16,395,000 ($109,300/Room) 8.50% Cap Rate
Investment Highlights
- Strategically situated near the airport and major highways, offering easy access to key attractions and business hubs in the Rio Grande Valley.
- With consistent occupancy rates and robust revenue streams, the Radisson Hotel McAllen Airport represents a solid investment with potential for growth
- The Radisson brand is synonymous with quality and reliability, ensuring a steady flow of guests and strong market presence.
- The property offers opportunities for expansion or rebranding, maximizing its value and appeal in the competitive hospitality market.
Executive Summary
Exclusive Opportunity: Radisson Hotel McAllen Airport
Sarhan Hotel Group is pleased to present an exceptional investment opportunity as the exclusive advisor for the sale of the Radisson Hotel McAllen Airport. Located in the heart of McAllen, Texas, this well-established hotel benefits from its prime location just minutes from McAllen International Airport, making it a preferred choice for both business and leisure travelers.
Key Highlights:
Prime Location: Strategically situated near the airport and major highways, offering easy access to key attractions and business hubs in the Rio Grande Valley.
Established Brand: The Radisson brand is synonymous with quality and reliability, ensuring a steady flow of guests and strong market presence.
Modern Amenities: The hotel features a range of amenities, including a full-service restaurant, fitness center, outdoor pool, and flexible meeting spaces, catering to the needs of diverse guests.
Strong Financial Performance: With consistent occupancy rates and robust revenue streams, the Radisson Hotel McAllen Airport represents a solid investment with potential for growth.
Development Potential: The property offers opportunities for expansion or rebranding, maximizing its value and appeal in the competitive hospitality market.
This is a rare chance to acquire a high-performing asset in a thriving market. Contact Sarhan Hotel Group today to learn more about this exclusive listing and how it can enhance your investment portfolio.
Sarhan Hotel Group is pleased to present an exceptional investment opportunity as the exclusive advisor for the sale of the Radisson Hotel McAllen Airport. Located in the heart of McAllen, Texas, this well-established hotel benefits from its prime location just minutes from McAllen International Airport, making it a preferred choice for both business and leisure travelers.
Key Highlights:
Prime Location: Strategically situated near the airport and major highways, offering easy access to key attractions and business hubs in the Rio Grande Valley.
Established Brand: The Radisson brand is synonymous with quality and reliability, ensuring a steady flow of guests and strong market presence.
Modern Amenities: The hotel features a range of amenities, including a full-service restaurant, fitness center, outdoor pool, and flexible meeting spaces, catering to the needs of diverse guests.
Strong Financial Performance: With consistent occupancy rates and robust revenue streams, the Radisson Hotel McAllen Airport represents a solid investment with potential for growth.
Development Potential: The property offers opportunities for expansion or rebranding, maximizing its value and appeal in the competitive hospitality market.
This is a rare chance to acquire a high-performing asset in a thriving market. Contact Sarhan Hotel Group today to learn more about this exclusive listing and how it can enhance your investment portfolio.
Property Facts
| Price | $16,395,000 | Lot Size | 3.72 AC |
| Price Per Room | $109,300 | Building Size | 79,756 SF |
| Sale Type | Investment | No. Rooms | 150 |
| Cap Rate | 8.50% | No. Stories | 5 |
| Property Type | Hospitality | Year Built/Renovated | 1975/2018 |
| Property Subtype | Hotel | Parking Ratio | 2.5/1,000 SF |
| Building Class | B | Corridor | Interior |
| Price | $16,395,000 |
| Price Per Room | $109,300 |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.72 AC |
| Building Size | 79,756 SF |
| No. Rooms | 150 |
| No. Stories | 5 |
| Year Built/Renovated | 1975/2018 |
| Parking Ratio | 2.5/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Shuttle Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 150 | $169.00 | - |
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PROPERTY TAXES
| Parcel Number | J7800-00-000-0001-01 | Improvements Assessment | $7,542,002 |
| Land Assessment | $1,957,998 | Total Assessment | $9,500,000 |
PROPERTY TAXES
Parcel Number
J7800-00-000-0001-01
Land Assessment
$1,957,998
Improvements Assessment
$7,542,002
Total Assessment
$9,500,000
zoning
| Zoning Code | CO (Conditional Overlay) |
| CO (Conditional Overlay) |
Contacts
-
Dino Monteverde -
Sarhan Mhenni -
William Betancourt -
Nicole Cano -
Sarhan Hotel Group
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Radisson Hotel McAllen Airport | 2721 S 10th St
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