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Closed Hotel Closed Hotel Closed Hotel Closed Hotel Closed Hotel

Property Overview

Price/Rent PSF $ 1,575,000.00
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 141,352
Date Available 07/05/2019
Additional URL Link
Floors 2
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Description

Location
Approximately 5.22 miles from the Corpus Christi International Airport and
approximately 8.77 miles to downtown Corpus Christi. Approximately 800’ frontage on Corn Products Road with smaller frontage on southbound
Interstate 37 frontage road.
One curb cut onto Corn Products Road and a second curb cut off Corn Products Road that is shared with the adjacent hotel to the west.
Excellent visibility with good freeway access.

Sale
Two-story, 213 room closed hotel with extensive roof damage.
Gross building area is approximately 141,352 SF and sits on 6.82 acres or 297,079 SF. Irregular shaped lot, grade level with Corn Products Rd. Amenities include outdoor swimming pool, basketball court, BBQ grill area, full kitchen and large conference/meeting rooms. Water and sewer is provided by the City of Corpus Christi. Originally part of Corpus Christi Airport Hilton Hotel.
Legal Description: Lot 2, Block 5, Interstate Industrial Complex, Nueces County, City of Corpus Christi, Texas.

Possible owner financing for qualified buyer:
30% down at 8% for up to 3 years. Interest plus $5,000 principle paid monthly.

Location

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