Location: 3700 Planation Grove Blvd.
Price: $5,000,000
Rooms: 102
Price Per Key: $49,020
Property Type: Limited Service,Hot Breakfast and Complimentary Social Hour
Revenue: $1,744,816
Each Suite Offers
The Mission/McAllen, Texas area is home to over 1.5 million residents and is located within the tropical Rio Grand Valley, approximately 50 miles west of Brownsville, Texas. The area benefits from several border crossings with Mexico, creating a significant NAFTA business link.
With the advent of NAFTA, the Mission/McAllen area has quickly become one of the fastest growing MSA’s in Texas as well as, all of the southwest. The Hawthorn Suites is located within the heart of Sharyland and is well positioned to take advantage of the current corporate environment and the potential increase in growth.
Built as a resort & retreat property, the multi building bungalow components are features that set this hotel apart from all of its competitors. The spacious guest suites accommodate a living and work area, a central bath/ wet area and a separate sleeping room. We believe it is one of the reasons the property produces over $17,600/key in room revenue. The hotel revenue, the master plan for Sharyland Plantation and the future of the area are all substantial reasons to consider this investment.
Listed through a licensed Texas real estate brokerage company.
CONFIDENTIALITY REQUIRED - EITHER BY SUBMITTING REQUEST BELOW OR BY CALLING: 913-894-5252