418 Highway 100, Port Isabel, TX 78578
sale
$9,000,000
|
Other
Courtesy Of SPI Realty
Income-producing multi-use asset featuring 24 hotel rooms, 13 fully occupied apartments, 28 boat slips, restaurant/bar, bait shop, boat fuel station, fishing pier, RV/boat storage. 2025 financials reflect over 50% year-over-year revenue growth driven by upgrades and improved management. Strong NET income supported by diversified income streams. Additional land currently utilized for rv & boat storage, offers future development potential, previously improved as a hotel site. Rare large-scale waterfront asset with immediate cash flow and long-term value-add potential. Property ID's 92931, 92913, 929114, 92915.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 36
- MLSID: 106029
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