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South Beach Inn 120 E Jupiter Ln 14 Room Hotel South Padre Island, TX 78597 $3,151,000 CAD ($225,071 CAD/Room)
Investment Highlights
- Suite: 2 rooms, Daily Rate: $105,00
- The recent renovation and new furnishings attract guests, while the mix of rooms offers flexible rental options.
- Guest Rooms: 12 rooms, Daily Rate: $80.00
- Its beach and airport proximity is perfect for vacationers.
Executive Summary
This recently remodeled hospitality property offers 14 rooms, including 12 guest rooms and 2 apartments, and is situated just a short distance from the beach. The property features a spacious layout with a pool and modern amenities, ideal for vacationers or long-term guests. The units have been upgraded with all-new furniture, and the building is in excellent condition following renovations completed in 2021. The property presents an attractive investment opportunity, with the potential for continued success in the hospitality sector.
Property Facts
| Price | $3,151,000 CAD | Building Size | 8,574 SF |
| Price Per Room | $225,071 CAD | No. Rooms | 14 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1961/2021 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.86 AC | ||
| Zoning | E - This property is located in a prime coastal area near the beach and presents a substantial opportunity for investors. | ||
| Price | $3,151,000 CAD |
| Price Per Room | $225,071 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.86 AC |
| Building Size | 8,574 SF |
| No. Rooms | 14 |
| No. Stories | 2 |
| Year Built/Renovated | 1961/2021 |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | E - This property is located in a prime coastal area near the beach and presents a substantial opportunity for investors. |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $143.85 CAD | - |
| Guest Room | 12 | $109.60 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 676436-0000-001000 | Improvements Assessment | $443,042 CAD |
| Land Assessment | $77,063 CAD | Total Assessment | $520,104 CAD |
Property Taxes
Parcel Number
676436-0000-001000
Land Assessment
$77,063 CAD
Improvements Assessment
$443,042 CAD
Total Assessment
$520,104 CAD
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South Beach Inn | 120 E Jupiter Ln
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