1786 W. Business 83, Mission, TX

Hotel for Sale - $3,000,000 - 48,284 Sq. Ft. on 2 acres


Agent Info

Jacob Galvan
Coldwell Banker Commercial Rio Grande Valley

Property Info

CIMLS#1152957
Location
  1786 W. Business 83
  Mission TX 78572
UpdatedFebruary 8th, 2024
TypeHotel
Price$3,000,000
Building48,284 Sq. Ft.
Land2 acres

Property Description

This 50 room motel is situated on one of West Mission’s busiest corners and sees a combined traffic count of 23,615 VPD not including the expressway traffic which sees 70,808 VPD. This site sits at the crux of three major thoroughfares, Expressway 83 Frontage, Business Highway 83, and Inspiration Road and has excellent visibility with multiple signalized traffic stops. This motel has excellent income, private 3 bedroom living quarters, and has been well maintained. With an excellent corner location, visibility from major roadways, a large foot print, and proximity to upcoming development and growth, this site is perfect for any investor.


Financials



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