Best Western Inn of Del Rio — Sale in Del Rio, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Del Rio, TX 78840
  • Year built: 1984

Photos

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Investment Figures

Cap rate
5.80%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualifi ed investors the Best Western Innof Del Rio (‘Hotel’ or ‘Property’) located in Del Rio, Texas. The Best Western International-affi liated Hotel is offered at $2,500,000 or $40,984 per key. Built in 1984, the Best Western Inn of Del Rio is a well-maintained, two-story, 61-room asset ideally situated less than two miles from Del Rio International Airport. TheHotel features a variety of guest amenities including an outdoor pool, fi tness center, business center, and on-site laundry facilities. Additionally, the property offersextensive on-site manager’s quarters, providing operational effi ciency for owner-operators or local management. The hotel is attractively priced at a room revenue multiplier of 2.38 and capitalization rate of 13.77 percent. This offers investors a compelling opportunity to acquire theasset at a conservative valuation with signifi cant upside potential. Centrally located off the main highway in the heart of Del Rio, Texas the Best Western Inn Hotel is near area attractions such as the city of Ciudad Acuña (in Mexico).Moreover, Sul Ross State University’s Del Rio campus further supports consistent demand from faculty, students, and visiting families throughout the year. A key demanddriver in the region is Laughlin Air Force Base, located less than ten miles from the Hotel. The Base is home to the 47th Flying Training Wing Maintenance Directorate,which manages aircraft, equipment, and facilities valued at more than $1.3 billion, supporting a strong base of business and government-related travel. The Hotel issituated with easy access to Mexico and located about 6.5 miles from the automotive manufacturing hub of Ciudad Acuña in Coahuila, Mexico. Del Rio, located in Val Verde County along the U.S.–Mexico border, is a key economic and cultural hub in Southwest Texas with a population of approximately 33,300residents

Market Context

This hospitality in Del Rio, TX is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 1984. Compare it against other hospitality listings for sale in Del Rio, TX — view the full market.

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