5042 Beckwith Blvd - Hospitality FOR SALE


San Antonio, TX 78249- Shavano
$5,600,000 USD
210-849-2175
5042 Beckwith Blvd, San Antonio, TX for Sale
$5,600,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

5042 Beckwith Blvd
San Antonio, TX 78249
Shavano


HIGHLIGHTS

  • Future City Express by Marriott Conversion - Current ownership has executed a signed agreement to rebrand the Hotel as City Express by Marriott
  • Drive Revenue with Marriott Brand Affiliation Marriott’s global distribution network, Bonvoy loyalty program, and premium reservation system
  • Strong Submarket Performance Northwest San Antonio, anchored by the Medical Center and UTSA, RIM Shopping Center, Six Flags, and La Cantera Mall
  • The Hotel will be delivered free of management, allowing a buyer flexibility to select their preferred management company or operate independently
  • The Hotel is offered with fee simple ownership, providing full control to the new investor
  • Extra land is available for future expansion!

OVERVIEW

Singh Commercial Group at KW Commercial is pleased to present the exclusive opportunity to acquire the 62 room Sleep Inn San Antonio, which will be converting to City Express by Marriott. The ownership has executed a new franchise agreement with Marriott International, positioning the Hotel to benefit from Marriott’s global recognition, powerful Bonvoy loyalty program, and premium reservation system. This future conversion represents a rare opportunity for an investor to step into a stabilized San Antonio hotel asset with a strong upside, leveraging the strength of the Marriott brand, and a prime location within one of the city’s most dynamic submarkets. PRICE REDUCED BY $600,000 TO REFLECT HUGE RENOVATION DISCOUNT.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$138 USD /SF

# OF ROOMS

60

PRICE/ROOM

$93,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Future City Express by Marriott

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2008

PARKING SPACES

91

LAND DETAILS

LAND ACRES

1.93 AC

LAND SF

84,071 SF

ZONING

C-3

APN/PARCEL ID

17403-003-0070

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 Notice.