Seth Equities is pleased to present a unique opportunity to acquire 64 rooms of the 177-room La Quinta Inn by Wyndham San Antonio Lackland, strategically located adjacent to Lackland Air Force Base, one of the largest military training bases in the country. This offering represents a prime repositioning opportunity for an owner-operator looking to enter or expand within the economy lodging sector.
Rebranding Opportunity: The available 64-room inventory provides an excellent foundation for a value-driven economy hotel with minimal upfront capital required.
Economy Market Position: The Lackland submarket is well-suited for economy-focused accommodations. It boasts a $28 RevPAR, providing ample room for performance growth and repositioning strategies.
Financial upside and projections: Current market ADR: $50–$55, occupancy potential: 55%–60%, projected year 1 RevPAR: ~$30, achieving market-average growth, stabilized NOI: $250,000–$300,000 achievable by repositioning and increasing operational efficiencies. Upside through Capital Improvements: Light renovations could elevate ADR to $60+ while maintaining strong demand in this budget-conscious market.
Lackland Air Force Base generates consistent demand from military trainees, families, and government contractors. Tourism and local business activities are strong with proximity to Downtown San Antonio, SeaWorld, and other local attractions. There are steady market fundamentals as San Antonio’s economy continues to expand, driving demand for affordable lodging.
This offering is ideal for an entrepreneurial operator looking to rebrand and maximize operating income in a high-demand market. For additional information, including financials and property details, please contact Seth Equities. The owner will sell the property via metes & bounds.