Hospitality Business for Sale in Del Rio, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Del Rio, TX 78840
  • Year built: 1984

Description

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Best Western Inn Of Del Rio (‘Hotel’ or ‘Property’) located in Del Rio, Texas. The Best Western International-affiliated Hotel is offered at $3,400,000 or $55,738 per key. Built in 1984, the Best Western Inn of Del Rio is a well-maintained, two-story, 61-room asset ideally situated less than two miles from Del Rio International Airport. The Hotel features a variety of guest amenities including an outdoor pool, fitness center, business center, and on-site laundry facilities. Additionally, the property offers extensive on-site manager’s quarters, providing operational efficiency for owner-operators or local management. The hotel is attractively priced at a room revenue multiplied of 2.70 and capitalization rate of 12.15 percent. This offers investors a compelling opportunity to acquire the asset at a conservative valuation with significant upside potential. Centrally located off the main highway in the heart of Del Rio, Texas the Best Western Inn hotel is near area attractions such as the city of Ciudad Acuña (in Mexico). Moreover, Sul Ross State University’s Del Rio campus further supports consistent demand from faculty, students, and visiting families throughout the year. A key demand driver in the region is Laughlin Air Force Base, located less than ten miles from the Hotel. The Base is home to the 47th Flying Training Wing Maintenance Directorate, which manages aircraft, equipment, and facilities valued at more than $1.3 billion, supporting a strong base of business and government-related travel. The Hotel is situated with easy access to Mexico and located about 6.5 miles from the automotive manufacturing hub of Ciudad Acuña in Coahuila, Mexico. Del Rio, located in Val Verde County along the U.S.–Mexico border, is a key economic and cultural hub in Southwest Texas with a population of approximately 33,300 resid

Market Context

This hospitality in Del Rio, TX is listed for sale. It is offered at an approximate 12.2% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 1984. It has been on the market for 68 days. Compare it against other hospitality listings for sale in Del Rio, TX — <a href="/search/sale/hospitality/texas/del-rio">view the full market</a>.

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