Clarion and Suburban Hotel
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Clarion and Suburban Hotel
2 Hospitality Properties Offered at £5,639,760 in San Angelo, TX
Investment Highlights
- Prime Location: Directly connected to the San Angelo Convention Center via a private pathway, ideal for event-driven occupancy.
- Recent Renovations: Over $3 million invested in 2022-2023, including a new roof, boiler system, sprinkler pump room, alarm system, and more
- Management Upside - The hotel is absentee owned and will be offered unencumbered by management, allowing significant upside potential
- Proximity to Goodfellow Air Force Base: Close to major local demand generator with year-round accommodation needs due to defense and Space Force ops.
- Dual Brand Hotel: 148 rooms total, with 94 Clarion rooms and 54 Suburban Studios suites for extended stays
Executive Summary
KW Commercial is pleased to present a strategic investment opportunity with the dual-branded Clarion and Suburban Studios
hotel, located next to the San Angelo Convention Center with private pathway access.
Originally built in 1985 as a Marriott Sheraton® Hotel, it has been rebranded few times and renovated with over $3 million in upgrades from 2022 to 2023 as dual brand Clarion and Suburban Studios.
The property features a total of 148 rooms (94 Clarion rooms, and 54 Suburban Studios), a new roof, boilers, sprinkler system, indoor pool, meeting spaces, and an onsite leased restaurant, all managed by absentee owners. Contact us today if you are looking for equity partnership or would like to become a operating partner at this hotel. It is available for outright sale too.
Contact Meredith Herbert to schedule a showing!
hotel, located next to the San Angelo Convention Center with private pathway access.
Originally built in 1985 as a Marriott Sheraton® Hotel, it has been rebranded few times and renovated with over $3 million in upgrades from 2022 to 2023 as dual brand Clarion and Suburban Studios.
The property features a total of 148 rooms (94 Clarion rooms, and 54 Suburban Studios), a new roof, boilers, sprinkler system, indoor pool, meeting spaces, and an onsite leased restaurant, all managed by absentee owners. Contact us today if you are looking for equity partnership or would like to become a operating partner at this hotel. It is available for outright sale too.
Contact Meredith Herbert to schedule a showing!
Property Facts
| Price | £5,639,760 | Number of Properties | 2 |
| Price / SF | £41.29 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 136,586 SF |
| Status | Active | Total Land Area | 10.74 AC |
| Price | £5,639,760 |
| Price / SF | £41.29 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 136,586 SF |
| Total Land Area | 10.74 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Clarion Hotel San Angelo
441 Rio Concho Dr, San Angelo, TX 76903 |
Hospitality | 68,293 SF | 1985 | - |
|
Suburban Studios San Angelo
441 Rio Concho Dr, San Angelo, TX 76903 |
Hospitality | 68,293 SF | 1985 | - |
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