Great Cash Flow Positive Motel - Real Estate AND Business!

Highlights:

• Lot Size: 1.62 acres
• Independently Owned
• McAllen City is offering cash for external landscaping / renovations (not necessary)
• 5 additional rooms can be added to the current inventory (currently in private use by owners)
• Several long term contracts with reliable income, including NGO agreements

Description:

This newly renovated property in McAllen, TX is a great purchase with just the property and land, but is unbeatable as a low expense, high profitability business. Even with current rates, a new owner should expect consistent cash flow with a mix of contracted use, walk in clientele, and the ability to outwardly market to increase occupancy. The property has a pool on premises, a strong staff, and is in close proximity to the McAllen airport, and downtown shopping.

1.62 acre, 2 building motel property - newly renovated with ample cash flow and SDE. Located on one of the major streets in McAllen, TX. Central to the city and approximately 1 mile from the McAllen airport. Many contracts in place, guaranteeing in some cases, well over 50% occupancy from contracts alone.

Green Mountain

Texas Gas