214-315-0769
8615 Broadway, San Antonio, TX for Sale
Hospitality - FOR SALE
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8615 Broadway
San Antonio, TX 78217
Uptown San Antonio


HIGHLIGHTS

  • Unencumbered of Management - Hotel has been Marriott-Managed and is now available for a third-party or owner/operator
  • Cash Flowing Hotel With Upside - New management, coupled with a refresh of the Hotel should see significant impact to the Hotel's top- and bottom-line
  • Desireable Brand Affiliation - Hotel is offered encumbered with the Courtyard flag

OVERVIEW

Tours available by appointment only on November 17th, 18th, and December 2nd and 3rd. Please reach out to Alex Payne to schedule a tour. JLL’s Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 145-room Courtyard San Antonio Airport (the “Courtyard”, “Hotel” or “Property”). This institutionally owned Hotel is ideally located southeast of the San Antonio Airport, north of I-410. The Hotel offers its guests exceptional ingress and egress for Interstate access with a quick 1.5-mile drive to the airport. Moreover, the San Antonio International Airport is currently underway with its ELEVATE/SAT initiative which includes adding up to 18 domestic and international gates by mid-2028, along with an additional 850,000+ SF of new terminal space with 41,000 SF of new concession space, among other major capital projects. This acquisition presents a compelling value-add opportunity as the Hotel transitions from traditional Marriott management to third-party or owner-operator oversight, unlocking immediate operational enhancement potential. A new owner will complete the PIP while benefiting from a cash-flowing asset offered at a significant discount to replacement cost. The management transition creates additional upside through enhanced operational control and revenue optimization potential, representing a rare opportunity to acquire an institutional-grade Hotel with immediate cash flow and substantial growth potential in rapidly growing San Antonio. CA and DD Materials: https://invest.jll.com/us/en/listings/hotels-hospitality/courtyard-san-antonio-airport

FOR SALE DETAILS

PRICE

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# OF ROOMS

145

CAP RATE

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TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Courtyard San Antonio Airport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1987

PARKING SPACES

161

LAND DETAILS

LAND ACRES

4.34 AC

LAND SF

189,050 SF

ZONING

I-1

APN/PARCEL ID

12100-000-0320

ASK ABOUT THIS PROPERTY

Alex PayneJLLMore Info
214-315-0769

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Alex PayneJLLMore Info
214-315-0769

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