Motel 6


Price:
$4,250,000

Address :
2255 N Expy
Brownsville, TX 78520


  •  TOURS: Monday, April 1, 2019. Contact Mumford Company to schedule an appointment.
  •  Conveniently located off Interstate 69
  •  Positioned within highly trafficked shopping district with numerous national retailers, shopping mall and restaurants
  •  Priced well below replacement cost at $27,070 per key
  •  Interior corridor in great condition
  •  Property offers oversized guest rooms and kitchenettes in 62 rooms
  •  Property will retain Motel 6 brand affiliation
    View Map    View Aerial
  •  The Brownsville, Texas/Matamoros, Mexico region is home to over 1.3 million people.
  •  A north/south trade corridor, I-69 carries traffic to the Veterans International Bridge, which links the US and Mexico.
  •  Close to Regional Demand Generators:
    •  0.7 Miles to Sunrise Mall
    •  2.2 Miles to Valley Baptist Medical Center
    •  2.6 Miles to Valley Regional Medical Center
    •  3.5 Miles to Resaca De La Palma State Park & World Birding Center
    •  5 Miles to University of Texas Rio Grande Valley
    •  6 Miles to Port of Brownsville
    •  6 Miles to Brownsville South Padre International Airport
    •  25 Miles to Space X
    •  27 Miles to South Padre Island
  •  157 Rooms
  •  3 Buildings
  •  3 Stories
  •  Interior Corridors
  •  Wood Frame on Concrete Slab Construction
  •  Stucco Facade
  •  Gabled, Shingle Roof
  •  Asphalt & Concrete Parking Lot
  •  Guest Laundry
  •  Wireless Internet
  •  Seasonal Outdoor Pool
  •  ±4.0790 Acres
  •  Built 2004
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2016
2017
2018
T-12Mos 1/19
Occupancy
51.81%
49.47%
54.34%
55.19%
Average Daily Rate
$50.14
$50.73
$50.32
$50.05
Room Revenue
$1,492,961
$1,438,086
$1,567,002
$1,582,799
Net Operating Income
$450,644
$415,709
$496,023
$496,989
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!