80-Key Hotel Development Opportunity in Brownsville, Texas to Be Auctioned by Hilco Real Estate
Hilco Real Estate is auctioning an 80-key hotel development opportunity located at the US-Mexico border in Brownsville, Texas. The property, situated along major transportation corridors including Interstate 69E and US-77/83, offers direct access to high traffic volumes and nearby economic generators such as the Port of Brownsville and SpaceX operations. Originally built in 1974 with renovations beginning in 2024, it is currently non-operational but features amenities like a restaurant, outdoor pool, storage units, and ample parking. The hotel provides flexibility for buyers to complete repositioning at their own pace and choose an appropriate franchise brand. The Brownsville submarket reported strong occupancy rates of 63.3% in the past year with average daily rates around $112.98. Proximity to cross-border trade, industrial investment, and a growing economic impact from SpaceX operations enhances its appeal. The online auction is scheduled for October 19–21, offering bidders a clear timeline and access to detailed property information via the Hilco Global website.
