The La Quinta in San Marcos is centrally located on Interstate 35 between Austin (30 minutes) and San Antonio (50 minutes) and benefits from close proximity to these two major markets: Austin MSA with 2.5M residents and San Antonio MSA with 2.7M residents. San Marcos is home to Texas State University with over 34,000 students and draws many visitors to the campus for events including Division I sports. The La Quinta is only one mile from the Texas State University football stadium. The expansive San Marcos Premium Outlets are one of the largest shopping centers in the U.S. offering world-class shopping and drawing over 14 million visitors annually. San Marcos is also known for its outdoor beauty with the San Marcos River running through the city and offering outdoor recreation including tubing, snorkeling, kayaking, and stand-up paddleboarding. The hotel gets a mix of customers: leisure, interstate travelers, workers, Texas State University visitors, and overflow from major events in Austin. The La Quinta has excellent visibility along Interstate 35. The hotel has 2 buildings and 117 rooms: 35 interior corridor rooms and 82 exterior corridor. 2 rooms are utilized for an onsite manager's apartment. Ownership has completed exterior renovations updating the La Quinta to the Del Sol design. The hotel also offers opportunity for potential conversion to multifamily units with several hotels nearby converting to meet housing demand in the area. Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.