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Travel Inn San Antonio TX

$3,850,000

5710 Industry Park Drive, San Antonio, TX 78218

Active
Last Updated: 02/20/2024

14

Cap Rate

38,082 sqft

Building Size

Details:
Cap Rate:    14%
Building Size:    38,082 sqft
Lot Area:    1.46 acres
Units:    110
Occupancy:    85%
Year Built:    1986
Floors:    3
Description:

OWNER FINANCING AVAILABLE FOR QUICK SALE WITH 25% DOWNPAYMENT The Travel Inn is a Three-story, Exterior Corridor Limited-service Hotel With 99 Rentable Guest Rooms Plus 11 Guest Rooms Utilized as Hotel Storage, Manager’s Apartment, Office/lobby, and Hotel Laundry Room. The Hotel Was Built in 1986 and is Situated on a 1.4692-acre Site and Includes a Gross Building Area of Approximately 26,432 Square Feet, According to Appraisal County District. Travel Inn is an Affordable Extended Stay Facility With Some Daily Rooms. A Clean Background and Small Deposit is Needed to Check in. There is a High Demand for Properties Such as Ours. All Our Rooms Come With All Bills Paid, Fully Furnished, Mini Fridge, Microwave, 32 Inch Flat Screen Tvs, Free High-speed Internet, 130+ Cable Channels, in Room Phone, Nightly Security and on Site Laundry Facilities. The Hotel is Located in San Antonio, in Bexar County. It is Part of the San Antonio MSA. San Antonio, the 7th Largest City by Population (Within the City Limits) in the Nation, is the Center of Economic Activity for the South Texas Area. The Hotel is Located Off I-35 and Highway 410, 12-minute Drive From Downtown San Antonio and the San Antonio International Airport. RENOVATION LIST: A new roof was installed in 2020 Exterior Painting of the whole property All rooms have new restroom vanities All rooms have new wall-mounted lighting All rooms have flat screens All rooms have new drapes/curtains Almost all rooms have new flooring and painting Exterior Flood Light was installed throughout the property New property-wide camera system (32 channel) New comm

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