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Microtel Inn for Sale
Texas
Not Available

Absentee Owner, seller motivated. Great management turnaround opportunity!

Property Description

The hotel was completed in 1994 as a Microtel Inn property.

It is a three story wood frame project with lobby, breakfast area, and an outside swimming pool.

In addition, it has a total site area of approximately 1.69 acres.

 

McAllen is noted as being one of the fastest growing areas in the US. It is considered to be the financial center of the Rio Grande Valley, and lies at the gateway to South Padre Island, one of Texas' most important tourist destinations.

Local Attractions:

  • McAllen International Airport
  • Santa Ana National Wildlife Refuge
  • Bentsen State Park
  • Las Tiendas Shopping Center & Wal-Mart Super Center
  • Reynosa
  Microtel is one of the fastest-growing hotel chains in the US and the recipient of many awards and accolades over the years.

Microtel is the first economy/budget hotel brand to offer guests free local and free long distance calls in the continental United States, and free wireless high-speed Internet access in every room.

Microtel also has advance online check-in and check-out with unlimited access to online folio information

 

Average room size is approximately 362 square feet.

Room ameneites include Nintendo and Pay Per View TV.

The property was recently appraised at $4,400,000. Owner wants fast and is selling for a very attractive price.
 
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