Greatest Western Port Aransas Lodge in Port Aransas, Texas Provided For Sale

HVS Brokerage & Advisory, as the only real and unique advisory agency to possession, presents the chance to accumulate the 59-key Greatest Western Port Aransas, a limited-service lodge asset in Port Aransas, Texas. Positioned within the coronary heart of a drive-to leisure market and benefiting from Corpus Christi’s stable financial backing, the transaction course of might be eased given the property’s excellent bodily situation and its strategic location inside one-half mile of Port Aransas Seaside, bolstered by the lodge’s six-year common rooms income exceeding $2.3 million. The lodge aligns with Port Aransas’ financial evolution, concentrating on numerous industries whereas interesting to the normal leisure section.

Secure Efficiency with Upside Potential

• The lodge has persistently generated robust rooms income, averaging $2,329,673 over the previous six years, showcasing resilience even throughout difficult intervals just like the COVID-19 pandemic.

• Below skilled possession, there may be vital potential to optimize operations, similar to decreasing the 2023 payroll prices to a cheaper vary, which might lead to a considerable enhance in web profitability.

Excellent Alternative for an Skilled Proprietor/Operator

• This 59-key rely is taken into account a really perfect dimension for an skilled proprietor/operator.

• The property comprises a one-bedroom/one-bathroom suite that’s at the moment included within the stock, however which may very well be used as an proprietor/operator’s condominium.

Excessive Limitations-to-Entry Market

Glorious Location Close to Leisure Demand Mills

• The property is conveniently located alongside Avenue G, inside one-half mile of the seashore and close to many different key points of interest, such because the Port Aransas Museum, Leonabelle Turnbull Birding Middle, Pink Dragon Pirate Cruises, Port Aransas Fishing Pier, Dolphin Dock Charters, Port Aransas Ferry Touchdown, WWII Gun Mounts, and Roberts Level Park, permitting for a powerful seize of leisure demand.

Greatest Western Franchise

• Greatest Western affords essentially the most aggressive franchise charges within the trade, permitting house owners to maximise income. New franchisees profit from an computerized franchise switch settlement, simplifying the transition and inheriting the prevailing membership settlement from the present proprietor, which comes with the additional advantage of pre-established decrease royalty funds.          

Renovation Highlights

• In 2018, the property underwent a big renovation that included the addition of ten rooms geared up with stovetops, a complete transform of the complete first ground, and the renovation of the lodge’s guestroom bogs, enhancing the property’s enchantment and fashionable facilities.

For inquiries please go to right here to execute the Confidentiality Settlement.