Comfort Suites Near Seaworld

$5,500,000

8021 Alamo Downs Pkwy, San Antonio, Texas 78238

Details

  • $5,500,000

Investment Overview:

Marcus & Millichap’s National Hospitality Group, as an exclusive broker, is pleased to offer for sale the Comfort Suites Near SeaWorld in San Antonio, Texas. The hotel is being offered at $5.5M, $73,333 per room. The Comfort Suites San Antonio represents the opportunity to acquire a well-performing hotel in a stable growing Texas market, with strong demand drivers. Our analysis assumes new ownership will have an opportunity to increase operating efficiencies and increase NOI.

The new property owner will be required to complete transfer PIP as mandated by Choice Hotels International. PIP cost estimation ranges from $125K-$175K. Please contact listing agents for more details regarding PIP.

Property Overview:

The Comfort Suites Near Seaworld is a 75-room, interior-corridor, three-story hotel located in San Antonio, Texas. Built in 2005, the hotel has a wood frame and a stucco and brick exterior with an angled roof. Amenities at the hotel include an on-site fitness center as well as fully-equipped business center, meeting space, guest laundry facilities, and an indoor pool/whirlpool/hot tub. All suites feature refrigerators, microwaves and flat-screen televisions.

Location Overview:

San Antonio, Texas is located in Bexar County. Comfort Suites is in close proximity to many points of interests in the city. SeaWorld San Antonio is less than seven miles from the hotel. All within a 20 mile radius of the hotel are Six Flags Fiesta Texas, Brooke Army Medical Center, and The River Walk. Comfort Suites is also less than 13 miles from the San Antonio International Airport.

Agent for this listing

Allan Miller

First Vice President Investments | Senior Director, National Hospitality Group
Office: (512) 338-7831
Mobile: (512) 203-9154
Fax: (512) 338-7810
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