Motel and RV Park

1223 N Front Street Mathis, TX 78368

1223 N Front Street, Mathis, TX, 78368
1223 N Front Street, Mathis, TX, 78368 1223 N Front Street, Mathis, TX, 78368 1223 N Front Street, Mathis, TX, 78368 1223 N Front Street, Mathis, TX, 78368
FOR SALE
Property Type:
Motel
Amount:
$1,495,000
Last Verified:
Jan 27, 2022

Highlights

  • Operated by 3rd party management company and will be offered unencumbered by management contract or debt
  • Interested buyers can also ask about the opportunity to acquire additional land adjoining the hotel (different owner)
  • The expenses include provisions for a very high management fee which can be further reduced by new owner
  • The property has strong upside potential for a new owner that can drive sales even further through hands on operations and can manage costs more efficiently
  • Owners willing to work with strong buyer with some owner financing options

Description

Mathis Motor Inn and RV Park is an established RV Park with (58 spaces), and a Motel with (24 rooms) and a rental apartment perfect or owner operator to live in! The park features 30 & 50 amp concrete and millings RV spaces complete with full hook-ups and free WiFi! There is also a coin operated laundromat for the guests.

Park is landscaped with numerous palm trees and features concrete and gravel pads. Onsite management is in place with a reservation system, online marketing and credit card merchant services. This park is a turnkey operation set up for a remote investor or can be run onsite by an resident manager.

Several employment centers are nearby, driving demand including a large Exxon plant under construction. Wind farm projects and the Port of Corpus Christi is around 30 miles away.

Located about 0.7 miles from I-37 (24,995 cars per day). I-37 is the main freeway between San Antonio and Corpus Christi. Park has a billboard on I-37 directing travelers to the location.

Building Size: 11581sq ft
Lot Size: 6.0 acres


Documents

Sale Brochure

Map of 1223 N Front Street, Mathis, TX, 78368

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