HVS Brokerage & Advisory, as the only real and unique advisory company to possession, gifts the chance to procure the 59-key Absolute best Western Port Aransas, a limited-service lodge asset in Port Aransas, Texas. Located within the middle of a drive-to recreational marketplace and making the most of Corpus Christi’s forged financial backing, the transaction procedure will probably be eased given the valuables’s superb bodily situation and its strategic location inside of one-half mile of Port Aransas Seashore, strengthened through the lodge’s six-year reasonable rooms earnings exceeding $2.3 million. The lodge aligns with Port Aransas’ financial evolution, focused on numerous industries whilst interesting to the normal recreational phase.
Strong Efficiency with Upside Doable
The lodge has constantly generated robust rooms earnings, averaging $2,329,673 during the last six years, showcasing resilience even right through difficult classes just like the COVID-19 pandemic.
Underneath skilled possession, there may be vital attainable to optimize operations, similar to lowering the 2023 payroll prices to a more cost effective vary, which might lead to a considerable build up in web profitability.
Ultimate Alternative for an Skilled Proprietor/Operator
This 59-key rely is thought of as a great measurement for an skilled proprietor/operator.
The belongings accommodates a one-bedroom/one-bathroom suite this is these days integrated within the stock, however which may well be used as an proprietor/operator’s rental.
Top Boundaries-to-Access Marketplace
Very good Location Close to Recreational Call for Turbines
The valuables is with ease located alongside Road G, inside of one-half mile of the seashore and close to many different key sights, such because the Port Aransas Museum, Leonabelle Turnbull Birding Heart, Crimson Dragon Pirate Cruises, Port Aransas Fishing Pier, Dolphin Dock Charters, Port Aransas Ferry Touchdown, WWII Gun Mounts, and Roberts Level Park, making an allowance for a powerful seize of recreational call for.
Absolute best Western Franchise
Absolute best Western gives probably the most aggressive franchise charges within the trade, permitting homeowners to maximise earnings. New franchisees have the benefit of an automated franchise switch settlement, simplifying the transition and inheriting the present club settlement from the present proprietor, which comes with the additional advantage of pre-established decrease royalty bills.
In 2018, the valuables underwent a vital renovation that integrated the addition of ten rooms provided with stovetops, a complete transform of all of the first flooring, and the renovation of the lodge’s guestroom toilets, bettering the valuables’s enchantment and fashionable facilities.
For inquiries please talk over with right here to execute the Confidentiality Settlement.