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150 State Highway 35 N
Port Lavaca, TX 77979
Royal Inn Motel · Hospitality Property For Sale
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60 Rooms
EXECUTIVE SUMMARY
Royal Inn is a 62 key motel located at the heart of the coastal city of Port Lavaca. Port Lavaca is a city surrounded by major employers in manufacturing and energy sectors such as Formosa Plastics, Maxmidstream, Dow Chemical, Seadrift-coke LP, Orion Marine Group….etc.
Royal Inn consists of 28 double-bed, 28 single-bed, and 6 King-bed rooms. It’s located at the main commercial corridor of the city. The property was constructed in 1967. Per owner, a new roof was installed in 2018 and the rooms were renovated between 2019-2022.
Port Lavaca's flourishing economy and development initiatives promise tremendous growth opportunities for the Royal Inn Motel. With expanding local industries, an increasing number of corporate travelers, and the city's proximity to key attractions like beaches, fishing spots, and nature reserves, the motel is perfectly positioned to capitalize on these trends and boost occupancy rates year after year.
Royal Inn consists of 28 double-bed, 28 single-bed, and 6 King-bed rooms. It’s located at the main commercial corridor of the city. The property was constructed in 1967. Per owner, a new roof was installed in 2018 and the rooms were renovated between 2019-2022.
Port Lavaca's flourishing economy and development initiatives promise tremendous growth opportunities for the Royal Inn Motel. With expanding local industries, an increasing number of corporate travelers, and the city's proximity to key attractions like beaches, fishing spots, and nature reserves, the motel is perfectly positioned to capitalize on these trends and boost occupancy rates year after year.
PROPERTY FACTS
| Price Per Room | $68,890 CAD | Building Size | 30,000 SF |
| Sale Type | Investment | No. Rooms | 60 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1968/2019 |
| Building Class | C | Parking Ratio | 5/1,000 SF |
| Lot Size | 3.33 AC | Corridor | Exterior |
| Zoning | None | ||
| Price Per Room | $68,890 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.33 AC |
| Building Size | 30,000 SF |
| No. Rooms | 60 |
| No. Stories | 2 |
| Year Built/Renovated | 1968/2019 |
| Parking Ratio | 5/1,000 SF |
| Corridor | Exterior |
| Zoning | None |
AMENITIES
- Pool
- Restaurant
- Bed & Breakfast
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 60 | $82.67 CAD | - |
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