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- LoopNet Team
2116 S US Highway 281
Falfurrias, TX 78355
Econo Lodge Falfurrias Hwy 281 · Hospitality Property For Sale · 41,216 SF
Investment Highlights
- 32-Room, Exterior-Corridor, Economy Hotel
- Priced Below Replacement Cost at $35,938 Per Key
- Recently Renovated - Minimal PIP Expected at Sale
- Located within 90 Miles of Corpus Christi, McAllen & Laredo, TX
- Presented the Choice Hotel Gold Award in 2019, 2020, and 2021
- Onsite Owner's Apartment with One Bedroom and One Bathroom
PROPERTY FACTS
| Property Type | Hospitality | Number of Floors | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1995/2006 |
| Building Class | C | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 1.97 AC | Corridor | Exterior |
| Building Size | 41,216 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.97 AC |
| Building Size | 41,216 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1995/2006 |
| Parking Ratio | 1.26/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Centre
- High Speed Internet Access
- Public Access Wi-Fi
About 2116 S US Highway 281 , Falfurrias, TX 78355
Property Overview: The Econo Lodge Falfurrias is a Choice Hotels International-branded property that was built in 1995. Each room features a refrigerator, microwave, ?at-screen television, desk with ergonomic chair, and sitting area. The common amenities include a breakfast area, lobby, truck/bus/RV parking, vending machines, and laundry facility. Location Overview: Falfurrias, Texas is located in the southern part of the state between Corpus Christi and the United States/Mexico border approximately 1.5 hours from each destination. The Econo Lodge Falfurrias is located on 2116 South Highway 281 and well-positioned off the main thoroughfare in the region. The Ed Rachal Memorial Golf Course (4.3 miles) is a popular venue for corporate charitable events and private golfers throughout the year. In the winter months, the course is an attraction for visitors from northern regions which estimates show over 1,000 different golfers. The Don Pedrito Jaramillo Shrine (6.6 miles), a famous healer from the 19th century, is another notable attraction. In addition to historical landmarks, the Heritage Museum (3.6 miles) is located off the famous Chisolm Trail and the Texas Tropical Trail of Texas and preserves the relics, records, etc. Other nearby towns approximately 40 miles from the region include Kingsville, Alice, and Sarita.
PROPERTY TAXES
| Parcel Number | 05200-0009-008-03 | Improvements Assessment | £576,515 |
| Land Assessment | £70,289 | Total Assessment | £646,804 |
PROPERTY TAXES
zoning
| Zoning Code | COMMERCIAL BUILDING (Commercial (NEC)) |
| COMMERCIAL BUILDING (Commercial (NEC)) |
