761 State Highway 100
Port Isabel, TX 78578

Property Type: This charming property is a well-maintained motel, boasting 45 comfortable rooms and even a manager's living quarters. Location: Nestled just outside the vibrant and sought-after South Padre Island, a renowned tourist destination, this motel offers an excellent opportunity for both hospitality entrepreneurs and investors alike. It is the first motel going into the Island. Property Size: The motel encompasses a generous total square footage, with each room designed to provide optimal comfort and convenience for guests. Amenities: Guests can unwind and refresh in the motel's inviting swimming pool while enjoying the convenience of ample parking space. Occupancy Rates: With a solid 67% occupancy rate, this motel demonstrates a consistent and successful track record in the hospitality industry. Financial Information: Priced competitively at a reasonable 4X multiple of revenue over the last 3 years, this investment presents a promising financial opportunity. Recent Renovations/Upgrades: Recent enhancements include tasteful room renovations, the addition of new furniture, freshly painted rooms, and brand new, energy-efficient AC units, ensuring a modern and comfortable stay for guests. Nearby Attractions: Located just 3 miles away from some of the most beautiful and pristine beaches in Texas, guests have easy access to adventurous water activities and exceptional fishing opportunities. The motel's proximity to these attractions is sure to draw visitors seeking both relaxation and adventure. Target Market & Multi-Billion Dollar Project: Our target market includes summer and winter tourists, as well as space enthusiasts drawn to the area by SpaceX. Additionally, a massive multi-billion dollar project is currently underway, projected to span at least 5 years, bringing a significant influx of workers and business travelers to the region. This diverse clientele solidifies the motel's market appeal and revenue potential. Rocket launches can be viewed from Port Isabel also. Competition: Distinguished by its commitment to providing affordable luxury, this motel stands out as an attractive choice in a competitive market. Zoning and Regulations: The property falls under an opportunity zone, which can offer potential tax benefits to investors. Additional Information: With a consistently high rating on various platforms, boasting 4+ star reviews, and enjoying a strong guest return rate, this motel has built a reputation for exceptional service and guest satisfaction. Don't miss out on this opportunity to own a thriving piece of the South Padre Island hospitality market.