- For Sale Contact for pricing
- Property Type Hotel / Motel
- Property Size 28,365 SF
- Lot Size 1.94 Acre
- Zoning C-2
- Year Built 1966
- Date Updated Jan 23, 2025
Description
Seize the chance to own an iconic and well-established motel in the heart of downtown Port Aransas. Nestled on just under 2 acres of prime land along Cut Off Road, Shark Reef Resort offers unmatched potential for continued success or expansion. This turnkey property includes 52 well-maintained rooms, 6 charming cottages, and a leased retail space, offering diverse revenue streams. Sitting on nearly 2 acres of prime real estate along the Cutoff Road, this property offers endless possibilities for creative expansion. The current configuration includes a spacious lounge area that could easily be transformed into a breakfast café, wine tasting room, or other unique guest experiences. Imagination is your only limit!
Highlights
- 52 updated rooms with remodeled interiors, modern furniture, and kitchenettes in select units.
- 6 standalone cottages, perfect for extended stays or family getaways.
- Leased retail space on-site, offering an additional income stream.
- 2-bedroom on-site condo, ideal for owner-operators or converting into additional rental space.
- Recent mechanical systems, windows, and a recently replaced roof ensure low maintenance for years to come.
- Recently updated pool and a relaxing hot tub for guest enjoyment.
- On-site laundry facility and plenty of space to house a full-time maintenance team.
- Long-term return guests for the past 20 years, showcasing a loyal customer base and consistent bookings.
- No flood damage during Hurricane Harvey and only minimal repairs were needed.
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Contacts
DH Realty Partners
Vice President - DHRP Coastal Bend
DH Realty Partners
