1223 N Front Street
Mathis , Texas 78368
- Listing Type:
- For Sale
- Listing Price:
- $1,495,000.00
- Property Type:
- Hotel and Motel
- Property Subtype:
- Economy
- Year Built:
- Listing Status:
- Active
- Building Size:
- 11581 SqFt
- Land Area:
- 6.00 Acres
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.
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
Presented by:

Listed by:
Singh Commercial Group
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