OYO Hotel Kingsville - Hwy 77 3334 S US Highway 77 Byp 74 Room Hotel Kingsville, TX 78363 $2,630,550 CAD ($35,548 CAD/Room) 5.92% Cap Rate

OYO Kingsville presents an excellent and prime investment opportunity to acquire a well-established, highly-rated motel in the heart of South Texas. This spacious, pet-friendly property offers modern amenities like free Wi-Fi, flat-screen TVs, refrigerators, and coffee makers, ensuring a comfortable stay for all guests.
Property Highlights:
- With its prime location near attractions like Texas A&M University, King Ranch Museum, and Naval Air Station, plus a short drive from beautiful Gulf Coast beaches, this motel attracts both business and leisure travelers with consistent guest traffic.
- Steady Revenue Potential: While recent sales have been down due to the owner's absence, historical data shows that when the owner is present, the motel generates at least $200K in annual revenue.
- Owner Financing: Available with a $700,000.00 down payment, making this a flexible investment option for a variety of buyers.
Why Purchase?
- Proven Income: With active on-site management, this property has consistently performed well and offers significant upside potential.
- High Demand: Its prime location near major attractions ensures consistent guest traffic and high occupancy rates.
- Ideal for All Buyers: Whether you’re an experienced hotelier or a first-time buyer, this motel offers a solid foundation for strong returns.
- Valuation per room: Less than $26,400.00; it is only 38% of the required construction cost, which is $70,000.00 per key for a new construction.
OYO Kingsville is a prime investment in a growing market. With owner financing available and a proven revenue track record, this is the opportunity you’ve been waiting for.