400 E Avenue G | Port Aransas, TX 78373
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- LoopNet Team
400 E Avenue G
Port Aransas, TX 78373
Best Western Port Aransas · Hospitality Property For Sale · 24,935 SF
Investment Highlights
- Resilient hotel revenue, averaging $2.3M over 6 years, withstanding challenges like COVID-19.
- Prime location near the beach & local attractions, ensuring strong leisure demand.
- Limited new hotel constructions since 2006 reduce future competition.
- Potential to optimize operations, reducing 2023 payroll for increased profitability.
- Best Western offers competitive franchise fees, simplifying ownership transition.
- Renovated in 2018, adding 10 rooms, remodeling the first floor, and updating guest bathrooms for modern appeal.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2018 |
| Building Class | B | Parking Ratio | 2.73/1,000 SF |
| Lot Size | 1.89 AC | Corridor | Exterior |
| Building Size | 24,935 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.89 AC |
| Building Size | 24,935 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1997/2018 |
| Parking Ratio | 2.73/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 200089735 | Improvements Assessment | $3,916,580 |
| Land Assessment | $3,293,120 | Total Assessment | $7,209,700 |
PROPERTY TAXES
Parcel Number
200089735
Land Assessment
$3,293,120
Improvements Assessment
$3,916,580
Total Assessment
$7,209,700
zoning
| Zoning Code | BUS |
| BUS |
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