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118 N Expressway 77
Raymondville, TX 78580
Texas Inn · Hospitality Property For Sale · 36 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 36 |
| Property Subtype | Hotel | Number of Floors | 2 |
| Building Class | C | Year Built | 1997 |
| Lot Size | 1.26 AC | Parking Ratio | 2.53/1,000 SF |
| Building Size | 17,362 SF | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.26 AC |
| Building Size | 17,362 SF |
| No. Rooms | 36 |
| Number of Floors | 2 |
| Year Built | 1997 |
| Parking Ratio | 2.53/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- Shuttle Service
- Meeting Event Space
About 118 N Expressway 77 , Raymondville, TX 78580
?Fee simple interest in the receiver controlled 36-room, two story exterior corridor Texas Inn Raymondville TX. ?Manager’s apartment on site for owner operators. ?Significant upside for new ownership once the hotel transitions out of receiver control. ?Offered unencumbered of brand and management at a substantial discount to replacement cost. ?Multiple rebranding options including Travelodge and Super 8. ?Located on Interstate 69E which offers access to Brownsville and area attractions in South Texas. ?Raymondville is the Gateway to the Rio Grande Valley MSA which includes Starr, Hidalgo, Willacy and Cameron Counties and home to 1.3M residents.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 5 | £106.00 | - |
| Guest Room | 31 | £85.00 | - |
PROPERTY TAXES
| Parcel Number | 36316 | Improvements Assessment | £510,840 |
| Land Assessment | £128,792 | Total Assessment | £639,632 |
PROPERTY TAXES
zoning
| Zoning Code | C (Commercial) |
| C (Commercial) |
