WoodSpring Suites San Antonio South_Property for Sale
WoodSpring Suites San Antonio South_Property for Sale
7958 Interstate 35 Access Road, San Antonio, TX, 78224, US

WoodSpring Suites San Antonio South

Asset Description

JLL’s Hotels & Hospitality Group (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire the fee-simple interest in the 121-room WoodSpring Suites San Antonio South (the “WoodSpring Suites”, “Hotel”, or “Property”). The Hotel has unparalleled I-35 frontage and visibility (83,000 VPD) and is in close proximity to some of South San Antonio’s largest demand generators including South Park Mall, Lackland Airforce Base, Texas A&M University – San Antonio, and Toyota Motor Manufacturing Texas. Additionally, the Hotel is within proximity to the 1,900-acre Port San Antonio, a mixed-use development and industrial complex that has become a hub for innovation and technology, and the 1,300-acre Brooks City Base, a mixed-use development that was reimagined from the original Brooks Air Force Base which now consists of a mix of residential areas, business parks, education institutions, and recreational facilities.


The offering presents investors with an opportunity to acquire a well-located, economy extended stay hotel, with operating margin and revenue upside, unencumbered of management in one of the fastest growing cities in the country, at a discount to replacement cost.

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Attributes

Number of units
121
Building area net
4,024 m²
Year built
2008
Land area gross
0.7 ha

Media

Investment Highlights


  • OFFERED UNENCUMBERED OF MANAGEMENT
  • CASH FLOWING HOTEL WITH UPSIDE
  • EXTENDED-STAY SECTOR GROWTH
  • FAVORABLE INTERSTATE LOCATION
  • OFFERED WELL BELOW REPLACEMENT COST
  • FEE SIMPLE / NON-UNION OFFERING
  • SAN ANTONIO: YOUNG & VIBRANT, HIGH GROWTH, DIVERSE




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WoodSpring Suites San Antonio South (0 Properties)

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Last updated
14 Jan 2025