Motel and RV Park
1223 N Front Street
Mathis, TX 78368
Highlights
- Operated by 3rd party management company and will be offered unencumbered by management contract or debt
- Interested buyers can also ask about the opportunity to acquire additional land adjoining the hotel (different owner)
- The expenses include provisions for a very high management fee which can be further reduced by new owner
- The property has strong upside potential for a new owner that can drive sales even further through hands on operations and can manage costs more efficiently
- Owners willing to work with strong buyer with some owner financing options
Description
Mathis Motor Inn and RV Park is an established RV Park with (58 spaces), and a Motel with (24 rooms) and a rental apartment perfect or owner operator to live in! The park features 30 & 50 amp concrete and millings RV spaces complete with full hook-ups and free WiFi! There is also a coin operated laundromat for the guests.
Park is landscaped with numerous palm trees and features concrete and gravel pads. Onsite management is in place with a reservation system, online marketing and credit card merchant services. This park is a turnkey operation set up for a remote investor or can be run onsite by an resident manager.
Several employment centers are nearby, driving demand including a large Exxon plant under construction. Wind farm projects and the Port of Corpus Christi is around 30 miles away.
Located about 0.7 miles from I-37 (24,995 cars per day). I-37 is the main freeway between San Antonio and Corpus Christi. Park has a billboard on I-37 directing travelers to the location.