Clarion and Suburban Hotel Hospitality FOR SALE


San Angelo, TX
$7,200,000 USD
210-849-2175
, San Angelo, TX for Sale
$7,200,000 USD
Hospitality - FOR SALE
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Clarion and Suburban Hotel
San Angelo, TX


HIGHLIGHTS

  • Prime Location: Directly connected to the San Angelo Convention Center via a private pathway, ideal for event-driven occupancy.
  • Proximity to Goodfellow Air Force Base: Close to major local demand generator with year-round accommodation needs due to defense and Space Force ops.
  • Recent Renovations: Over $3 million invested in 2022-2023, including a new roof, boiler system, sprinkler pump room, alarm system, and more
  • Dual Brand Hotel: 148 rooms total, with 94 Clarion rooms and 54 Suburban Studios suites for extended stays
  • Management Upside - The hotel is absentee owned and will be offered unencumbered by management, allowing significant upside potential

OVERVIEW

KW Commercial is pleased to present a strategic investment opportunity with the dual-branded Clarion and Suburban Studios hotel, located next to the San Angelo Convention Center with private pathway access. Originally built in 1985 as a Marriott Sheraton® Hotel, it has been rebranded few times and renovated with over $3 million in upgrades from 2022 to 2023 as dual brand Clarion and Suburban Studios. The property features a total of 148 rooms (94 Clarion rooms, and 54 Suburban Studios), a new roof, boilers, sprinkler system, indoor pool, meeting spaces, and an onsite leased restaurant, all managed by absentee owners. Contact us today if you are looking for equity partnership or would like to become a operating partner at this hotel. It is available for outright sale too. Contact Meredith Herbert to schedule a showing!

ASK ABOUT THIS PROPERTY

Rav Singh, CCIMSingh Commercial Group | KW CommercialMore Info
210-849-2175

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Rav Singh, CCIMSingh Commercial Group | KW CommercialMore Info
210-849-2175

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