Asking Price: $13,000,000
Avison Young, as the sole exclusive agent, is pleased to offer the fee simple interest in the Residence Inn Pensacola (hereinafter “Property” or “Hotel”), a select-service hotel located in McAllen, Texas. Positioned in the heart of the Rio Grande Valley, the Hotel benefits from a prime location near McAllen’s strongest demand drivers, including McAllen International Airport, the McAllen Medical Center district, and major retail hubs like La Plaza Mall. The hotel is well-suited to capture consistent business from healthcare, and government, while also benefiting from steady leisure demand driven by regional events and shopping tourism. With convenient access to Interstate 2 and proximity to key corporate offices and industrial parks, the property is ideally positioned for both transient and extended demand, offering investors a stable, diversified revenue base.
The Property is a three-story, interior corridor hotel which opened in 1999. The Hotel has a business center, outdoor pool and hot tub, fitness center, and Wi-Fi Internet access. The Property offers 78 nonsmoking guestrooms and suites with both king and queen beds.