Contacts

Salman (Sam) Tabani

Tabani Realty

Property Details

Property Type Other
Property Size 46,000 SF
Units 155
Lot Size 2.27 Acre
Additional Rent Contact for pricing
Year Built 1981
Year Renovated 2022
Date Updated Oct 7, 2024

San Antonio has a large population of 1,578,030, making it the 2nd largest city in Texas and the 7th largest city in the U.S. The metro area has a population of around 2.5 million as well. San Antonio is also in Bexar County, the 4th largest county in Texas and the 17th largest county in the US. The city of San Antonio attracts around 3 million visitors each year and is in the top 25 most popular cities to visit in the US. The city is known for being good for families, diversity, entertainment, history, and exciting nightlife. The property is located right off of Interstate 35, one of the busiest highways in all of Texas, and has excellent visibility from the interstate as well. The Motel 6 is also very close to Fort Sam Houston, which is very convenient for those visiting friends and family at the base. Downtown San Antonio is only a quick 10-minute drive from the hotel. Some of the other nearby attractions are The Alamo, the San Antonio Zoo, River Center Mall, and the River Walk. The hotel is also about 17 minutes away from the San Antonio International Airport. Motel 6 was recently renovated in 2021 - 2022.The Motel 6 San Antonio - Fort Sam Houston is exclusively listed with Tabani Realty. The hotel has 155 rooms with exterior corridors. The property was built in 1981 and most recently remolded in 2022. This is an ideal opportunity for an owner-operator to add value and take it to the next level. Some of the amenities that the hotel has to offer are free Wi-Fi, free parking, complimentary coffee, and free cable. There is also guest laundry on-site, and an outdoor pool, and the hotel is pet-friendly.

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Highlights

155 rooms offered at below replacement cost of $40,700 per room
Pre Approved Financing with 20% down payment.
Minimal PIP for New Ownership
Onsite Managers Apartment
Strong Occupancy and Revenues in 2022
Offered at a current actual cap rate of 14%
Current actual cash on cash return 28%
Ideal for Multi-Family and Apartment Conversion
Access and visibility from Highway I-35
10 minutes away from Downtown San Antonio & Riverwalk
Near Henry B. Gonzalez Convention Center
Surrounded by shopping, dining, and entertainment
All Standard Hotel Amenities included Wi-Fi, free parking,
complimentary coffee, free cable, outdoor pool, and the hotel is pet-friendly.

Attachments

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Getting around

53/100
Walk Score ®
37/100
Transit Score ®
43/100
Bike Score ®

Powered by Walk Score ®

Location

City San Antonio, TX
Neighborhood Park Village
Zip Code 78218
Market San Antonio

Points of Interest

Wonderland Express Train Station

4.03 miles
San Antonio Zoo Eagle Train Station

4.53 miles
Longhorn and Western Train Platform

4.94 miles
San Antonio

6.29 miles

Exxon

0.10 miles
QuikTrip

1.08 miles
Chevron

1.31 miles
H-E-B Fuel

1.97 miles
Valero

2.01 miles
Murphy USA

2.20 miles
ChargePoint

5.60 miles
Tesla Supercharger

6.93 miles
CPSESATX WONDERLAND 03

8.91 miles
CPSESATX WONDERLAND 5

9.10 miles

Vistor parking

1.46 miles
SAMMC Parking Garage

1.87 miles
Lot 6

4.02 miles
Lot 7

4.10 miles
Lot 5

4.17 miles
Lot 8

4.21 miles
Lot 4

4.22 miles
Media Lot

4.25 miles
Brackenridge Park Parking Garage

4.26 miles
Ancira Parking Garage

4.35 miles

Qubed

0.19 miles
Best Western

0.23 miles
Quality Suites

0.35 miles
La Quinta Inn San Antonio I-35 N at Rittiman Rd

0.47 miles
Comfort Suites San Antonio Ft. Sam Houston/SAMMC Area

0.61 miles
Hampton Inn & Suites

0.67 miles
Value Place

0.86 miles
Super 8

0.92 miles
Broadway Inn

1.66 miles
WinnQuest Inn

1.77 miles

H-E-B

1.90 miles
Walmart Supercenter

2.18 miles
Post Exchange

2.39 miles
Target

2.75 miles
Exchange

3.43 miles
Commissary

3.50 miles
Tree House Shopping Center

3.63 miles
Central Market - H-E-B

3.84 miles
Alamo Quarry Market

4.82 miles
TJ Maxx

5.26 miles

In-Depth Research Available for this Property

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