Hotels for Sale

Staybridge Suites San Antonio Airport, TX

Address:
San Antonio, Texas
Description:

UNDER CONTRACT

  • Fee simple interest in the 136-room Staybridge Suites San Antonio Airport available at an attractive discount to replacement cost
  • Poured in-place concrete construction, 9-story hotel situated on 1.63 acres of land
  • Offered unencumbered of debt and management with ability to retain the Staybridge Suites brand via a long-term relicense
  • Underperforming NOI margin offers substantial upside by implementing operational efficiencies and improving revenue management
  • Positioned immediately off the I-410 Loop proximate to San Antonio International Airport, which served a record setting 10MM+ travelers in 2018
  • Located just 10 miles from downtown and proximate to all regional demand including Lackland Air Force Base, Sea World, Six Flags Fiesta Texas, the Alamo, the San Antonio River Walk, Alamodome, Henry B Gonzalez Convention Center, and the University of Texas at San Antonio
  • Optimal time to invest in San Antonio given its diverse demand sectors and the recent $325MM expansion/redevelopment of the San Antonio Convention Center, which attracts 750,000 delegates to its 300 annual events

Listing Agents

Kami Burnette
T | 512.831.5605
Email

Adam Montufar
T: 515.446.4181
Email

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