5353 Prue Rd - Commercial LAND FOR SALE


San Antonio, TX 78240- Northwest Side102,845 SF
$1,450,000 USD
512-842-9211
5353 Prue Rd, San Antonio, TX for Sale
$1,450,000 USD
Commercial LAND - FOR SALE
1/13
102,845 SF

5353 Prue Rd
San Antonio, TX 78240
Northwest Side


HIGHLIGHTS

  • The extended-stay orientation helps drive occupancy levels & reduce staff-to-guest ratio, resulting in lower operating costs & higher profit margins.
  • There is a shortage of newer, premium-branded, extended-stay hotels in the local submarket, which also lacks a midscale extended-stay hotel product.
  • Once developed, the hotel will be the newest hotel in the competitive set, superior to its competitors in terms of quality & product offering.
  • Strategically located just west of the Huebner Road Exit along I-10, approx. 3 mi from South Texas Medical Ctr. & 5 mi from Six Flags Fiesta Texas.
  • Other corporate demand generators nearby include USAA’s corporate HQ campus, LabCorp, Frost Bank, Whataburger, HEB, Valero, Tesoro, & Rackspace.
  • This is an opportunity to construct a Candlewood Suites hotel in a major metropolitan area, with a potentially attractive exit capitalization rate.

OVERVIEW

For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=152672 HVS Brokerage & Advisory, as the exclusive representative of ownership, is pleased to present the opportunity to acquire a strategically located 2.36-acre parcel totaling 102,845 square feet, fully entitled for the development of an 86-key Candlewood Suites hotel and an adjacent pad site in San Antonio, Texas. The property is located approximately three miles northwest of the South Texas Medical Center (STMC), a major hub for medical research and healthcare in the region. PRICE REDUCTION: $1,450,000 Ownership is motivated to sell the property and has agreed to reduce the price to $1,450,000. Please contact Matthew Omansky for more details.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/ACRE

$614,148/AC

PRICE/SF

$14 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Land - Candlewood Suites San Antonio Med Ctr

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Hospitality, Hotel

LAND ACRES

2.36 AC

LAND SF

102,845 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets

ZONING

c-3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

512-842-9211

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512-842-9211

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