OYO Hotel McAllen Airport South

1301 S 9th St, Mcallen, TX 78501

  • For Sale Subject to Offer
  • Property Type Other
  • Property Size 23,296 SF
  • Units 55
  • Lot Size 0.87 Acre
  • Additional Rent Contact for pricing
  • Year Built 1990
  • Year Renovated 2017
  • Date Updated Jun 19, 2024
McAllen, Texas, positioned on the Texas-Mexico border, offers a compelling investment opportunity. The city boasts a booming economy fueled by international trade and a strong job market. With its lower cost of living compared to the national average, McAllen attracts businesses and residents alike. This rapid growth translates to potential for appreciation in real estate and a thriving rental market.NewGen Advisory is pleased to present for sale the OYO Hotel at the McAllen Airport in McAllen Texas. This 2 story, exterior corridor property offers convenience to airport travelers and provides WiFi and an outdoor pool. RevPar in this market is for economy hotels is $37.77, leaving upside for the new owner. This property is perfect for an owner operator; the current owners have complete control over the management, operations, and strategic decisions, allowing for quick adaptations to market changes and guest needs. Per CoStar, the twelve-month RevPAR for the area was recently climbing at an exceptionally strong rate: As of April, twelve-month average RevPAR in the McAllen hotel submarket was up 2.1%, in line with the similarly impressive market-wide average.

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Highlights

  • 55 Rooms, 2 Stories
  • 3 year average room revenue: $681,342
  • NOI 2023: $251,449
  • Outdoor Pool

Contacts

broker

Twinkle Patel

NewGen Advisory

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable

  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Mcallen, TX
  • Neighborhood McAllen
  • Zip Code 78501
  • Market McAllen

Points of Interest

  • 76

    0.23 miles

  • Valero

    0.32 miles

  • H-E-B Fuel

    0.33 miles

  • Valero Stripes

    1.59 miles

  • Costco Gasoline

    1.60 miles

  • H-E-B Fuel

    2.61 miles

  • Exxon

    2.77 miles

  • H-E-B Fuel

    2.79 miles

  • Exxon

    3.31 miles

  • Valero

    3.33 miles

  • Car Rental Lot

    0.86 miles

  • 5

    3.55 miles

  • 1

    3.61 miles

  • 6

    3.63 miles

  • 2

    3.71 miles

  • 3

    3.71 miles

  • Visitor Bus Parking

    6.56 miles

  • E8

    8.47 miles

  • B1

    8.53 miles

  • E39

    8.58 miles

  • Super 8 by Wyndham McAllen/Downtown/La Plaza Mall

    0.05 miles

  • Clarion Inn near McAllen Airport

    0.08 miles

  • Comfort Suites At Plaza Mall

    0.10 miles

  • Motel 6 Mcallen, TX

    0.10 miles

  • Days Inn by Wyndham McAllen

    0.12 miles

  • Drury Inn & Suites McAllen

    0.24 miles

  • Residence Inn McAllen

    0.25 miles

  • La Quinta Inn & Suites by Wyndham McAllen La Plaza Mall

    0.25 miles

  • DoubleTree Suites

    0.55 miles

  • Hampton Inn & Suites

    0.56 miles

  • Whataburger

    0.11 miles

  • El Pastor Grill

    0.17 miles

  • Taco Palenque

    0.21 miles

  • Siempre Natural

    0.26 miles

  • Taqueria El Zarape

    0.26 miles

  • Olive Garden

    0.28 miles

  • Country Pancake House

    0.37 miles

  • McDonald's

    0.37 miles

  • Buffalo Wings & Rings

    0.43 miles

  • Courtyard by Marriott McAllen Airport

    0.66 miles

  • Travis Middle School

    0.45 miles

  • Victor Fields Elementary School

    0.60 miles

  • UTRGV McAllen Teaching Site

    0.60 miles

  • Instruction and Guidance Center

    0.66 miles

  • McAllen Learning Center

    0.74 miles

  • McAllen Student Alternative School

    1.07 miles

  • Thigpen Elementary School

    1.19 miles

  • Our Lady of Sorrows Catholic School

    1.31 miles

  • Thigpen-Zavala Elementary School

    1.34 miles

  • New Start School

    1.35 miles

  • Little Shining Stars Daycare

    5.06 miles

Frequently Asked Questions

How much does OYO Hotel McAllen Airport South cost?

The sale price for OYO Hotel McAllen Airport South is available upon request. Contact the listing broker for more information.

What is the total square footage of OYO Hotel McAllen Airport South?

OYO Hotel McAllen Airport South totals 23,296 square feet.

When was this property built?

OYO Hotel McAllen Airport South was built in 1990.

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Contact Listing Broker

broker

Twinkle Patel

NewGen Advisory