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3615 Timon Blvd
Corpus Christi, TX 78402 North Beach

$1,500,000 USD

Hotel For Sale  •  11,372 SF

Property Details

  • Property Type Hotel
  • Total Building Size 11,372 SF
  • Lot Size 1.73 AC
  • Building Class C
  • Year Built 1981
  • Tenancy Single
  • Zoning B-1
17 Transit Score
36 Walk Score

Highlights

High barriers-to-entry beach market - situated about a block west of North Beach, guests can easily walk to the beach area.
Seller financing is available, giving buyers a major advantage by reducing the need for traditional bank loans and making the purchase process easier.
The property contains a three-bedroom, three-bathroom manager’s apartment.
The hotel has consistently generated strong rooms revenue, averaging $633,000 (rounded) annually over the past ten years.
The property is conveniently located off U.S. Highway 181 and within two miles of several strong leisure demand generators in Corpus Christi.
Proximal to several major refineries & chemical plants, including Valero, Citgo, & Occidental Petroleum, providing steady business transient demand.

Major Tenants

Tenant SF Occupied Lease End Date
Yamini K Patel

Amenities

  • Balcony
  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

Public Transportation

AirportDriveWalkDistance
Corpus Christi International 19 min - 11.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Andrew Frosch 281-684-5653 HVS
Andrew Frosch 281-684-5653 HVS