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Comfort Inn & Suites Fiesta Texas

$6,250,000

5622 Utex Boulevard, San Antonio, TX 78249

Pending
Last Updated: 03/08/2023

48,788 sqft

Building Size

1.6 acres

Lot Area

Details:
Building Size:    48,788 sqft
Lot Area:    1.6 acres
Year Built:    2006
Description:

KW Commercial, as an exclusive representative of the seller, is pleased to present for sale to qualified investors the Comfort Suites Fiesta Texas in San Antonio, TX. The Choice-branded hotel, constructed in 2006, is located along the Interstate 10 corridor. The hotel is well-equipped with several onsite amenities that include an outdoor pool, fitness center, and business center.






Priced well below replacement cost below $68,999 per room


Offered fee simple, unencumbered by management contract or debt


The hotel underwent a comprehensive interior renovation that is currently compliant with Choice’s Move to Modern initiative


Excellent opportunity to become a new Choice franchisee and to grow an existing relationship with Choice or convert to student housing as the hotel is 2 minutes drive to UTSA (University of Texas San Antonio)


Valero corporate headquarters, La Canterra mall, RIM shopping center, Six Flags Fiesta Texas, Sea World and the Medical Center are minutes away from the hotel


The Comfort Suites is complete with premium select-service guest amenities including a fitness center, business center, outdoor pool and picnic area, guest laundry facility, complimentary hot breakfast, and complimentary high-speed internet


Currently the hotel is run with absentee management and would therefore offer new ownership strong upside potential with proper management in place


Perfect for Owner - Operator or First Time Buyer! This hotel is ready to be managed by Owner - Operator, with the ability to control costs and increase revenue


Proximate to major employers, expansive retail, medical centers and first-class entertainment venues few miles from the hotel

Map:
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