1330 S. Commercial St., Aransas Pass, TX
Motel for Sale - $595,000 - 7,882 Sq. Ft. on 1 acres
Property Info
| CIMLS# | 1093418 |
| Location 1330 S. Commercial St. Aransas Pass TX 78336 | |
| Updated | May 6th, 2021 |
| Type | Motel |
| Price | $595,000 |
| Building | 7,882 Sq. Ft. |
| Land | 1 acres |
Property Description
Neptune Motel is a profitable extended stay motel located in the rapidly growing
Corpus Christi Metropolitan Area. The 14 unit motel has spacious kitchenette
rooms, includes 4BR Manager House and sits on 1 acre land and is located near
multiple leisure and business demand generators with excellent highway
visibility.
The motel is located on the scenic coastal bend close to beaches, bays, and
parks offering a unique lifestyle business opportunity for owner-operator with
spacious on-site 4BR manager
Financials
Investment Highlights: (P&L details will be provided under NDA for qualified
buyers)
Gross Revenues: Avg 125K/ Year
Operating Expenses: Avg 37 K/Year including taxes, insurance, utilities
Trailing 12 Months Revenues are back to pre-COVID levels