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1301 S 9th StMcAllen, TX 78501
OYO Hotel (McAllen Airport South)
Asset ClassHotel & Hospitality
# Keys: 53Year Built: 1990Year Renovated: 2023Access Data Room
Repositionable Airport Hotel with Revenue Upside
overview of deal

Overview

NewGen Advisory is pleased to present for sale the OYO Hotel (McAllen Airport South) in McAllen, TX. This two-story, exterior corridor property offers convenience for airport travelers and provides WiFi and an outdoor pool.

 

RevPAR in the McAllen market for economy hotels is $55, leaving upside for a new owner. The OYO Hotel (McAllen Airport South) 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.

 

McAllen has developed from a farming community to a visitor’s delight. Known for its mild winter weather, tropical breezes, brightly colored birds, and low cost of living, it’s also a shopping mecca drawing millions of visitors annually to its many shopping districts. Today, McAllen is one of the fastest growing cities in America. The city and surrounding areas have a population of 780,000. Within 60 miles is a total population of nearly 2.5 million. Drive 150 miles from McAllen and the population jumps to 10 million.

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Investment Highlights

  • 53 rooms, two-story, exterior corridor
  • Ideal for owner-operator with a two-bedroom manager’s apartment on-site
  • Estimated 2025 NOI: $225k
  • Three-year average room revenue: $773,323
  • Key demand generators: McAllen International Airport, three international bridges, and the Downtown district
  • Flexible rebranding options available including Econolodge and Park Inn by Radisson

Proximity to Hotel

Miles
Travel Time (min)
McAllen International Airport
1.4
6
McAllen-Hidalgo International Bridge
8
18
Anzalduas Bridge
10.1
17
Pharr–Reynosa International Bridge
15.5
37
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1301 S 9th StMcAllen, TX 78501

Sales Team

Twinkle PatelBroker Associate

License #: NC 341738

(828) 421-6683tpatel@newgenadv.com
Richard QueenDesignated Broker

License #: TX 422024

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