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21955594
22098217

12822 N Interstate 35, San Antonio, TX 78233 For Sale

RS
TX 9015432
Seth Equities
Listed by Seth Equities
$6,800,000
513 days on market
Updated 32 days ago

La Quinta San Antonio at Toepperwein

Details
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 61,279
Keys 137
Cap Rate 9.43%
NOI $641,000
Occupancy 57%
Year Built 1986
Year Renovated 2022
Lot Size (SqFt) 103,019
Investment Type Stabilized
Occupancy Date 12/31/2024
Ownership Fee Simple

La Quinta San Antonio at Toepperwein | Financing Available at less than 20% Down

Marketing description

Click link below for deal website

https://property.creop.com/43329/

La Quinta Inn by Wyndham San Antonio I-35N at Toepperwein

Offered Exclusively by Seth Equities.

Seth Equities is proud to present the exclusive listing of the La Quinta Inn by Wyndham San Antonio I-35N at Toepperwein, a recently renovated hospitality asset strategically located in the thriving San Antonio market. This well-maintained property represents a rare investment opportunity with significant upside potential in one of Texas's most robust and dynamic lodging markets.

Property Highlights:

Price: $6,800,000 (offered at an attractive 3.47 RRM on 3-year average)

Rooms: 137 well-appointed guest rooms

Brand: La Quinta Inn by Wyndham, a recognized and trusted name in hospitality

Renovation: Comprehensive renovations totaling over $1.4 million were recently completed, enhancing guest experience and operational efficiency.

Investment Highlights:

Prime Location: The property is strategically positioned along Interstate 35 North, providing excellent visibility and accessibility. It benefits from proximity to major demand drivers, including corporate offices, healthcare facilities, educational institutions, and leisure attractions such as the San Antonio River Walk and the Alamo.

Renovation Investment: The $1.4+ million capital improvement initiative included updates to guest rooms, public spaces, and mechanical systems, ensuring the property meets modern guest expectations and complies with Wyndham’s stringent brand standards.

Strong Market Fundamentals: San Antonio is one of the fastest-growing cities in the United States, boasting a diversified economy, a thriving tourism sector, and steady year-round demand for lodging accommodations.

Brand Affiliation: As part of the Wyndham portfolio, this La Quinta Inn benefits from a robust reservation system, global brand recognition, and access to one of the industry’s most powerful loyalty programs.

Upside Potential: With the significant renovation already completed, new ownership can capitalize on operational efficiencies and implement revenue management strategies to drive NOI growth.

This exceptional offering combines the advantages of a high-visibility location, a trusted brand, and a significant renovation investment, making it a compelling choice for hospitality investors seeking stability and growth in the San Antonio market.

For more information or to schedule a property tour, please contact:

Rorik Seth

Managing Principal

Seth Equities

rorik@sethequities.com

281-968-5019

Investment highlights

  • Consistent historical revenue growth with impressive EBITDA margins.
  • Well-positioned to capitalize on increasing demand in the San Antonio area, with strong year-over-year RevPAR growth.
  • Recent market recovery and operational efficiency improvements have strengthened the property's bottom line.
  • Extensive renovations completed in 2024, including upgrades to guestrooms, public spaces, and mechanical systems.
  • Offers an almost turnkey opportunity for new ownership with minimal immediate capital expenditure requirements.
  • Renovation scope included: Modernized guestrooms with updated furnishings, flooring, and bathroom fixtures Lobby redesign with enhanced guest amenities and improved functionality Updated exterior and improved landscaping for heightened curb appeal

Listing Contacts

RS
TX 9015432
Seth Equities
Listed by Seth Equities

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$641,000.00
$53,416.67/mo

Valuation Metrics

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DSCR
9.43%
Cap Rate
9.43%
ROI

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