11221 San Pedro Ave - Hospitality FOR SALE


San Antonio, TX 78216- Harmony Hills
$6,500,000 USD
210-849-2175
11221 San Pedro Ave, San Antonio, TX for Sale
$6,500,000 USD
Hospitality - FOR SALE
1/19
null | 11.1% Cap Rate

11221 San Pedro Ave
San Antonio, TX 78216
Harmony Hills


HIGHLIGHTS

  • 11221 San Pedro Avenue is a 53,390-SF, 117-key Studio 6 extended-stay hotel offering modern rooms, fully equipped kitchens, and free Wi-Fi.
  • Enabling travelers to be at San Antonio Int’l Airport within 6 minutes as it is 2 miles away, across Hwy 281, and North Star Mall is just 1.7 miles.
  • Hotel presents a stabilized investment opportunity with an NOI of $731,000 and upside potential via management and operational enhancements.
  • Hotel perks include a kids-stay-free benefit, pets allowed, nearby restaurants, an outdoor pool, a coin laundry, mass transit, and vending machines.

OVERVIEW

Great absentee owned hotel with general manager and full staff in place.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$122 USD /SF

# OF ROOMS

117

PRICE/ROOM

$55,556 {currency}

CAP RATE

11.1%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Studio 6 Extended Stay Airport Hotel

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.73 AC

LAND SF

118,919 SF

ZONING

C-3

APN/PARCEL ID

13847-000-0490

ASK ABOUT THIS PROPERTY

Rav Singh, CCIMSingh Commercial Group | KW CommercialMore Info
210-849-2175

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Rav Singh, CCIMSingh Commercial Group | KW CommercialMore Info
210-849-2175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.