$10,000,000

Successful Motel in the heart of downtown Port Aransas. Once in a lifetime opportunity to own a piece of history that has been lovingly maintained and cared for. Live on site in the 2 bedroom condo that is well appointed. Add retail and or continue renting as a hotel. 52 Rooms plus 6 cottages and a leased retail space is the current configuration. With just under 2 acres of prime land on the cut off road this property has so many possibilities. There is a spacious lounge area that can be converted back to a morning breakfast cafe or evening wine taste room let your imagination run wild. No flooding during Harvey. Very little damage. All rooms have been remodeled and furniture is updated. Mechanicals, windows and roof all recently replaced. Onsite laundry facility. Room to house a maintenance team. Rooms have kitchenettes. There are several configurations. This can be hands on or strictly investment. Good cash flow. Manager willing to stay on if you want to invest and live off island.