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Investment Highlights

  • SHORT SALE Potential
  • Over 1,100 feet of Highway Frontage
  • Restaurant Included

Executive Summary

Land & Luxe Realty is pleased to present a rare short sale hospitality opportunity in Alice, Texas. This 95-room hotel asset is situated on approximately 4.36 acres with over 1,100 feet of highway frontage, providing excellent visibility, access, and long-term commercial potential.
Strategically positioned along a major South Texas corridor, approximately 44 miles west of Corpus Christi, the property offers investors the opportunity to acquire a sizeable hospitality asset at a compelling price point. The site includes hotel improvements, restaurant space, and FF&E available separately, creating potential for continued hotel operations, renovation, repositioning, or alternative commercial use.
Offered at $775,000 for the real estate and $250,000 for FF&E (totaling $1,025,000), this short sale presents a value-add opportunity for experienced investors, owner-operators, and redevelopment buyers seeking a below-replacement-cost acquisition with strong frontage and flexible upside.
Seller needs to close as soon as possible. Short sale approval required. Buyer to independently verify all property information, condition, financials, zoning, permitted uses, and approval requirements.

Property Facts

Price $1,100,663 CAD
Price Per Room $11,586 CAD
Sale Type Investment
Sale Conditions
Distress Sale
  • Short Sale
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 4.36 AC
Building Size 28,748 SF
No. Rooms 95
No. Stories 2
Year Built/Renovated 1965/2020
Parking Ratio 3.44/1,000 SF
Corridor Exterior
Zoning C - commercial/hospitality

Amenities

  • Pool
  • Patio
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 95 $113.62 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
11101-027-000-00
Land Assessment
$149,122 CAD
Improvements Assessment
$65,561 CAD
Total Assessment
$214,683 CAD
  • Listing ID: 41194503

  • Date on Market: 2026-07-07

  • Last Updated:

  • Address: 815 S US Highway 281, Alice, TX 78332

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