Econo Lodge San Antonio

For Sale

9503 N Interstate 35, San Antonio, TX 78233

This San Antonio property for sale is located at 9503 N Interstate 35. The current listed sale price for Econo Lodge San Antonio is $3,290,000. Econo Lodge San Antonio is situated on a lot that is 1.69 acre in size.

Contacts

broker

Salman (Sam) Tabani

Tabani Realty

Property Details

  • Property Type Other
  • Property Size 38,043 SF
  • Units 113
  • Lot Size 1.69 Acre
  • Additional Rent Contact for pricing
  • Year Built 1972
  • Year Renovated 2022
  • Date Updated Oct 7, 2024
San Antonio’s Econo Lodge is positioned in a high-traffic area with a 10-minute drive from the San Antonio Airport and a 15-minute drive from Downtown San Antonio. The surrounding community has continued to experience strong population growth and household formation, with a projected population increase of 7.36% from 2022 to 2027. Immediately surrounding the subject property is mostly warehouse retail, but within a 5-minute radius, there are numerous customer-attracting anchors. Such as Morgan’s Wonderland complex which is right down the street and consists of a theme park, bay water park, and sports complex. There is also the SA Beast, a regional high-performance soccer training facility that attracts many athletes to the area. Hospitality is San Antonio’s third largest industry, representing $16.2 billion annually in economic impact. The city welcomes 31 million overnight visitors every year.Tabani Realty is pleased to present the Econo Lodge in San Antonio, Texas, located directly on I-35 in the Northeast Submarket of San Antonio. The hotel asset has 113 guestrooms in varying room types and is listed at $31,770 per key. The Econo Lodge is positioned in a high-traffic area with a 10-minute drive from the San Antonio Airport and a 15-minute drive from Downtown San Antonio. The Econo Lodge is underperforming due to absentee management, offering upside potential for a more hands-on operator.

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Highlights

  • Underperforming asset offering upside for hands-on management
  • Pre Approved Financing Available
  • Actual Cap Rate 13%
  • Actual Cash on Cash 27%
  • Owner Absentee
  • Offered at $29,115 per key
  • Located on high-traffic I-35
  • 10-minute drive from San Antonio Airport
  • 14-minute drive from the Alamodome - Home of San Antonio's NBA team, The Spurs
  • 15-minute drive from Downtown Riverwalk & The Alamo

Getting around

  • 38/100

    Walk Score ®

  • 50/100

    Transit Score ®

  • 30/100

    Bike Score ®

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Location

  • City San Antonio, TX
  • Neighborhood Valley Forge
  • Zip Code 78233
  • Market San Antonio

Points of Interest

  • Wonderland Express Train Station

    0.96 miles

  • Longhorn and Western Train Platform

    2.86 miles

  • San Antonio Zoo Eagle Train Station

    6.54 miles

  • San Antonio

    8.92 miles

  • Valero

    0.29 miles

  • Shell

    0.30 miles

  • Chevron

    0.85 miles

  • QuikTrip

    1.15 miles

  • H-E-B Fuel

    1.79 miles

  • Tesla Supercharger

    7.64 miles

  • ChargePoint

    7.97 miles

  • CPSESATX WONDERLAND 03

    9.60 miles

  • CPSESATX WONDERLAND 5

    9.83 miles

  • Lot 2

    4.38 miles

  • Lot 1

    4.45 miles

  • Lot 7

    4.45 miles

  • Lot 3

    4.46 miles

  • Lot 6

    4.50 miles

  • Vistor parking

    4.51 miles

  • Lot 5

    4.61 miles

  • Lot 4

    4.70 miles

  • Short Term Parking & Car Rental

    4.74 miles

  • Long Term Parking

    4.82 miles

  • Econo Lodge

    0.00 miles

  • Days Inn by Wyndham San Antonio

    0.15 miles

  • Drury Inn & Suites

    0.82 miles

  • InTown Suites

    0.95 miles

  • Holiday Inn Express & Suites

    0.99 miles

  • SureStay Plus by Best Western San Antonio North

    1.04 miles

  • La Quinta Inn & Suites

    1.19 miles

  • Super 8 by Wyndham San Antonio/I-35 North

    1.26 miles

  • Days Inn by Wyndham Morgan's Wonderland / IH-35 N

    1.46 miles

  • Travelodge Inn & Suites San Antonio Airport

    1.65 miles

  • Walmart Supercenter

    1.71 miles

  • H-E-B

    1.79 miles

  • Walmart Neighborhood Market

    3.72 miles

  • Target

    4.06 miles

  • Kohl's

    4.84 miles

  • Burlington

    4.89 miles

  • Post Exchange

    5.02 miles

  • Ross

    5.10 miles

  • TJ Maxx

    5.22 miles

  • Tree House Shopping Center

    5.33 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Salman (Sam) Tabani

Tabani Realty