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Investment opportunity in Aransas Pass! The Paladin Motel features 22 rentable units with a mix of rooms and kitchen-equipped accommodations, plus separate manager quarters. Based on owner-provided room rates and an assumed 90% occupancy, projected gross rental income ranges from approximately $236,340 to $258,570 annually. Kitchen-equipped units offer flexibility for extended stays, while the courtyard layout provides convenient access to individual rooms. An opportunity for an investor or owner-operator seeking a Coastal Bend hospitality property with income potential. Income figures are projections, not verified collections or net profit, and are subject to buyer verification.
Features
Age: Over 50 Years Old
Building Units: 22
Cooling System: Window Unit(s)
Cooling System: Ductless
Cooling System: Electric
Floors: 1
Heating System: Electric (Heating)
Heating System: Ductless (Heating)
Legal Description: CITY OF ARANSAS PASS TOWNSITE BLK 515 LOTS 25 THRU 32