for sale
OYO Hotel (McAllen Airport South)
1301 S 9th St | McAllen, TX 78501
Investment Highlights
- 53 units, two-story, exterior corridor
- Ideal for owner-operator with a two-bedroom manager’s apartment onsite
- Three-year average room revenue: $773,323
- 2024 NOI: $372,796
- Key demand generators: McAllen International Airport, three international bridges, and the Downtown district
- Flexible rebranding options available including Econolodge and Park Inn by Radisson
Property Description
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 $37.77, 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.
The twelve-month RevPAR, as reported on CoStar, for the area was recently climbing at an exceptionally strong rate. As of April 2025, the twelve-month average RevPAR in McAllen hotel submarket was up 2.1%, in line with the similarly impressive market-wide average.
Location Description
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.
Share to Social
Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Twinkle Patel
Associate
NC #341738
(828) 421-6683
tpatel@newgenadv.com
BROKER OF RECORD
Bharat Patel-Vakil
NewGen Advisory TX, LLC
TX #512841