Hilton Garden Inn McAllen Airport

  • Room Count
    104
  • Approximate Revenue (2021)
    $3,064,981
  • Approximate NOI (2021
    $900,505
  • Year Built
    2000
  • Property Type
    Select Service
  • Acreage
    1.95

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the 104-unit, Hilton Garden Inn located in McAllen, Texas. This well-  appointed hotel was constructed in 2000 and is being offered well below replacement costs with the ability to retain the current franchise. All  rooms offer contemporary décor and custom-designed beds, plus flat-screen TVs with premium cable channels, microwaves, minifridges, desks  with ergonomic chairs, and free Wi-Fi. Suites add separate living areas with pull-out sofas, and some have whirlpool tubs. A cooked-to-order  breakfast is available (fee), and there is a lounge and 24/7 convenience store. There is also a fitness center, an outdoor pool and a whirlpool. Additional amenities include 2 meeting rooms and a business center, plus free parking. Next to I-2/Highway 83, the hotel is less than 10 minutes  from McAllen International Airport, three miles of La Plaza Mall, Quinta Mazatlán estate and gardens, and McAllen Convention Center.

McAllen is the largest city in Hidalgo County, Texas, United States, and the 21st-most populous city in Texas. As if 2019, McAllen’s population  was estimated to be 143,268 and it is the fifth-most populous metropolitan area in the state of Texas. Hidalgo County (Hidalgo) is the eighth-most populous county in the state of Texas. Hidalgo’s county seat is Edinburg, but the city of McAllen is the largest population center. McAllen is part of the McAllen- Edinburg-Mission Metropolitan Statistical Area (MSA) and it is located in the Rio Grande Valley of South Texas. Home to nearly 850,000 residents, it is one of the fastest growing counties in the United States and the fifth-most populous MSA in Texas. McAllen’s population has increased by approximately 11% since 2011 and the Rio Grande Valley’s population is estimated to exceed one million residents by 2020. Historically, McAllen’s growth was driven by agriculture and petroleum, and while these sectors still play a prominent role in the economy, McAllen’s designation as a foreign trade zone has established the city as a major hub for international trade and distribution.

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Contact Agent

agent

Jack Davis

First Vice President - Hospitality Division

151 Meeting Street
Suite 450
Charleston, SC 29401

843-952-2253

jack.davis@marcusmillichap.com

contact agent

    Contact Agent

    agent

    Eric Webster

    Associate - Hospitality Division

    151 Meeting Street
    Suite 450
    Charleston, SC 29401

    843-952.2271

    eric.webster@marcusmillichap.com

    contact agent

      Contact Agent

      agent

      Joce Messinger

      First Vice President - Hospitality Division

      151 Meeting Street
      Suite 450
      Charleston, SC 29401

      843-952-2255

      joce.messinger@marcusmillichap.com

      contact agent