Hotel-Motel
AUCTION - Landmark Laredo Hotel - Laredo, TX
1 S Main Ave, Laredo, TX 78040
Starting Bid: $1,500,000
Investment Overview
Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3071
Marcus & Millichap is pleased to present the opportunity to acquire the Landmark Hotel, a 204-room, 15 story hospitality tower located at 1 S Main Ave in downtown Laredo, Texas.
Laredo is the largest inland port in the United States and ranked #1 among all U.S. ports in total trade value in 2023, facilitating more than $320 billion in imports and exports. Approximately 98% of this trade originates from Mexico, reinforcing Laredo’s position as the primary commercial gateway between the United States and its largest trading partner.
The market supports more than two million commercial truck crossings annually through four international bridges and one rail bridge. Positioned directly along Interstate 35 — the primary northbound freight corridor connecting Mexico to San Antonio, Austin, and Dallas–Fort Worth — Laredo functions as a critical distribution hub within the North American supply chain.
This level of cross-border activity generates consistent lodging demand from freight operators, customs brokers, logistics firms, industrial vendors, supply chain managers, and corporate executives overseeing trade operations. Demand is tied to operational throughput and freight movement rather than seasonal tourism, supporting stable weekday occupancy patterns across the market.
The Property is unencumbered by management and presents a clear reposition opportunity for a hands-on owner-operator to enhance operational efficiency and revenue management within one of the most trade-dominant lodging markets in the country.
Investment Highlights
- Auction - April 13-15 | Starting Bid: $1,500,000
- 204-Room High-Rise Tower featuring 15 floors plus a full basement
- Unencumbered management with flexible branding opportunities
- Strategically located in the largest inland port market in the United States
- Direct access to the I-35 Trade Corridor, a major north–south logistics artery
- Surrounded by strong corporate and industrial demand drivers
- Limited new supply within the immediate submarket, supporting long-term performance
- Prominent downtown visibility and scale, ideal for brand presence
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Starting Bid: $1,500,000
Investment Highlights
- Auction - April 13-15 | Starting Bid: $1,500,000
- 204-Room High-Rise Tower featuring 15 floors plus a full basement
- Unencumbered management with flexible branding opportunities
- Strategically located in the largest inland port market in the United States
- Direct access to the I-35 Trade Corridor, a major north–south logistics artery
- Surrounded by strong corporate and industrial demand drivers
- Limited new supply within the immediate submarket, supporting long-term performance
- Prominent downtown visibility and scale, ideal for brand presence
Investment Overview
Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3071 Marcus & Millichap is pleased to present the opportunity to acquire the Landmark Hotel, a 204-room, 15 story hospitality tower located at 1 S Main Ave in downtown Laredo, Texas. Laredo is the largest inland port in the United States and ranked #1 among all U.S. ports in total trade value in 2023, facilitating more than $320 billion in imports and exports. Approximately 98% of this trade originates from Mexico, reinforcing Laredo’s position as the primary commercial gateway between the United States and its largest trading partner. The market supports more than two million commercial truck crossings annually through four international bridges and one rail bridge. Positioned directly along Interstate 35 — the primary northbound freight corridor connecting Mexico to San Antonio, Austin, and Dallas–Fort Worth — Laredo functions as a critical distribution hub within the North American supply chain. This level of cross-border activity generates consistent lodging demand from freight operators, customs brokers, logistics firms, industrial vendors, supply chain managers, and corporate executives overseeing trade operations. Demand is tied to operational throughput and freight movement rather than seasonal tourism, supporting stable weekday occupancy patterns across the market. The Property is unencumbered by management and presents a clear reposition opportunity for a hands-on owner-operator to enhance operational efficiency and revenue management within one of the most trade-dominant lodging markets in the country.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division