Comfort Inn & Suites Fiesta Texas
$6,250,000
5622 Utex Boulevard, San Antonio, TX 78249
48,788 sqft
Building Size
1.6 acres
Lot Area
Details:
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
Location
