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Studio 6 Extended Stay Airport Hotel 11221 San Pedro Ave

117 Room Hotel San Antonio, TX 78216 £5,085,925 (£43,469/Room) 11.10% Net Initial Yield

Investment Highlights

  • 11221 San Pedro Avenue is a 53,390-SF, 117-key Studio 6 extended-stay hotel offering modern rooms, fully equipped kitchens, and free Wi-Fi.
  • Hotel presents a stabilized investment opportunity with an NOI of $731,000 and upside potential via management and operational enhancements.
  • Enabling travelers to be at San Antonio Int’l Airport within 6 minutes as it is 2 miles away, across Hwy 281, and North Star Mall is just 1.7 miles.
  • Hotel perks include a kids-stay-free benefit, pets allowed, nearby restaurants, an outdoor pool, a coin laundry, mass transit, and vending machines.

Executive Summary

Great absentee owned hotel with general manager and full staff in place.

Data Room Click Here to Access

Property Facts

Price £5,085,925
Price Per Room £43,469
Sale Type Investment
Net Initial Yield 11.10%
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 2.73 AC
Building Size 53,390 SF
No. Rooms 117
Number of Floors 3
Year Built/Renovated 1986/2022
Tenancy Single
Corridor Exterior

Amenities

  • Pool
  • High Speed Internet Access
  • Outdoor Pool
  • Meeting Event Space
  • Fully-Equipped Kitchen
  • Smoke Detector

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 117 £61.81 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13847-000-0490
Land Assessment
£1,237,132
Improvements Assessment
£1,814,423
Total Assessment
£3,051,555

zoning

Zoning Code C-3 (General Commercial District)
C-3 (General Commercial District)
  • Listing ID: 31917245

  • Date on Market: 11/06/2024

  • Last Updated:

  • Address: 11221 San Pedro Ave, San Antonio, TX 78216

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