400 E Avenue G | Port Aransas, TX 78373
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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 | Number of Floors | 2 |
Property Subtype | Hotel | Year Built/Renovated | 1997/2018 |
Building Class | B | Parking Ratio | 2.73/1,000 SF |
Lot Size | 1.89 AC | Corridor | Exterior |
Building Size | 24,935 SF |
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
Links
PROPERTY TAXES
Parcel Number | 200089735 | Improvements Assessment | £3,085,090 |
Land Assessment | £2,593,991 | Total Assessment | £5,679,081 |
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
The Hospitality Property at 400 E Avenue G, Port Aransas, TX 78373 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
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