7202 S Pan Am Expy - Hospitality FOR SALE


San Antonio, TX 78224
$4,250,000 USD
214-226-7500
7202 S Pan Am Expy, San Antonio, TX for Sale
$4,250,000 USD
Hospitality - FOR SALE
1/9
null | 6.58% Cap Rate

7202 S Pan Am Expy
San Antonio, TX 78224


HIGHLIGHTS

  • 122 guestrooms offered at $34,836 per key
  • Ideal for Multi-Family / Apartment Conversion
  • Offered at Cap Rate of 6.58%
  • Partially renovated in 2022
  • Excellent visibility from Interstate 35 (I-35) in high traffic area
  • 17-minute drive from San Antonio International Airport (SAT)

OVERVIEW

Tabani Realty is pleased to present the 122 key, Baymont Inn by Wyndham in San Antonio, Texas. The limited-service hotel is located directly off Interstate 35 on the South side of San Antonio. The hotel has an overall living space of 44,716 SF across 2 floors and was last renovated in 2022. The Baymont Inn is a 7-minute drive from the Downtown San Antonio Riverwalk, a 6-minute drive to the Alamo, and a 7-minute drive to the Tower of Americas. Other attractions such as the San Antonio Zoo, the San Antonio Botanical Gardens, and the AT&T Center are all under a 15-minute drive from the hotel. The City of San Antonio maintains a strong financial position with a “AAA” general obligation bond rating from all three major rating agencies (the only city with more than 1 million people). The Milken Institute has ranked San Antonio No. 1 on its Best-Performing Cities list. As the seventh-largest city in the United States, San Antonio is experiencing solid economic growth over the years, making it one of the fastest-growing cities in the United States. The city is known for its business-friendly environment and low cost of doing business. They offer various incentives and programs (Industry Development Division, Business Retention & Expansion Program, Global Engagement Division, and Small Business Division) to attract and support businesses, including tax abatements, grants, and workforce development initiatives. San Antonio's location in Texas provides access to major transportation routes, including highways, railways, and an international airport. This makes it a logistical hub for various industries, including distribution, manufacturing, and logistics. The city's location and infrastructure are advantageous for companies seeking to establish or expand their operations, driving demand for commercial real estate. The city offers a competitive cost of living, reasonable property prices, and favorable tax rates, which can enhance the potential returns on commercial real estate investments.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$95 USD /SF

# OF ROOMS

122

PRICE/ROOM

$34,836 {currency}

CAP RATE

6.58%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baymont by Wyndham San Antonio South Park

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1969

PARKING SPACES

94

LAND DETAILS

LAND ACRES

2.39 AC

LAND SF

104,108 SF

ZONING

I-2

APN/PARCEL ID

12334-000-0040

ASK ABOUT THIS PROPERTY

Salman TabaniTabani RealtyMore Info
214-226-7500

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Salman TabaniTabani RealtyMore Info
214-226-7500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.