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This Hospitality Property is no longer advertised on LoopNet.co.uk.

400 E Avenue G
Port Aransas, TX 78373

Best Western Port Aransas · Hospitality Property For Sale · 24,935 SF

Investment Highlights

  • Resilient hotel revenue, averaging $2.3M over 6 years, withstanding challenges like COVID-19.
  • Prime location near the beach & local attractions, ensuring strong leisure demand.
  • Limited new hotel constructions since 2006 reduce future competition.
  • Potential to optimize operations, reducing 2023 payroll for increased profitability.
  • Best Western offers competitive franchise fees, simplifying ownership transition.
  • Renovated in 2018, adding 10 rooms, remodeling the first floor, and updating guest bathrooms for modern appeal.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.89 AC
Building Size 24,935 SF
Number of Floors 2
Year Built/Renovated 1997/2018
Parking Ratio 2.73/1,000 SF
Corridor Exterior

Amenities

  • Business Centre
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wi-Fi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
200089735
Land Assessment
£2,593,991
Improvements Assessment
£3,085,090
Total Assessment
£5,679,081

zoning

Zoning Code BUS
BUS
  • Listing ID: 30840833

  • Date on Market: 01/02/2024

  • Last Updated:

  • Address: 400 E Avenue G, Port Aransas, TX 78373

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