Brownsville Hotel Property
$5,000,000
715 Expressway Road Brownsville, TX 78520
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About this listing
DESCRIPTION
Introducing an exceptional investment opportunity in the heart of Brownsville, TX. This meticulously maintained 38,646 SF property, built in 1974 and thoughtfully renovated in 2024, presents a compelling value-add proposition for hospitality and full-service investors. With 40 out of the 80 units partially remodeled, this property offers the potential for immediate value enhancement and an attractive path to increased profitability. Additionally, the on-site restaurant is leased out and generating $6,000 a month in rental income, providing a steady revenue stream. Boasting contemporary amenities and a prime location, this property is primed for a successful venture in the thriving Brownsville area. Its well-appointed layout and recent renovations provide the ideal foundation for a savvy investor seeking to establish a prominent presence in the dynamic hospitality and full-service market, offering the potential for a lucrative and enduring investment.
HIGHLIGHTS
- 80 units, 40 partially remodeled — strong value-add potential $6,000/month from the leased on-site restaurant Close proximity to national retailers
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Building Size
38,646 sqft
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Lot Area
2.18 acres
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Year Built
1974
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MLS ID
471152, 29765184
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Parking Spots
80
Details
- • Annual Tax: $ 21356.0
- • Cooling: Central A/C - Electric
- • Exterior Description: Stucco
- • Flooring: Mixed
- • General: Smoke Detector
- • Heating Fuel Type: Electric
- • Interior: Exercise Area
- • Lot Size: 2-5 Acres
- • Pool Description: Pool
- • Roof: Composition Shingle
- • Sewer: Public
- • Special Market: Hospitality
- • Water: City Water
