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33347179
33346265

11221 San Pedro Avenue, San Antonio, TX 78216

JO
TX 810564
Bracket Real Estate, Inc
BC
TX 738514
Bracket Real Estate
Listed by Bracket Real Estate, Inc, Bracket Real Estate
$5,900,000
0 days on market
Updated 0 days ago

Studio 6 San Antonio Airport

Details
APN 13847-000-0490, 536689
Property Type Hospitality
Sub Type Hotel, Motel (+1)
Square Footage 53,390
Keys 117
Tenancy Single
Class C
Year Built 1986
Year Renovated 2018, 2026
Stories 3
Acreage 2.730
Zoning MF-50 AHOD
Investment Type Value Add

Hospitality | 117 Keys

Marketing description

Studio 6 San Antonio Airport is a 117-key nationally branded extended-stay hotel positioned 2 miles from San Antonio International Airport on the San Pedro Avenue corridor. The asset operates under the G6 Hospitality flag with direct OTA distribution and a loyal extended-stay customer base anchored by military, contractor, and corporate demand from Joint Base San Antonio - the nation's largest military installation.

A full guest room renovation is commencing with an estimated $500,000 total investment, delivering a fully refreshed product within 9-12 months. The property was rezoned in September 2025 to MF-50 AHOD, permitting up to 136 multifamily units by-right - creating a dual-use asset with optionality for both hotel operators and multifamily developers.

Located on San Pedro Avenue with direct Highway 281 access, this three-story exterior corridor property offers 117 fully equipped kitchen suites purpose-built for the extended-stay traveler. Amenities include an outdoor pool, coin laundry, free Wi-Fi, and a pet-friendly policy - the right product for the airport submarket's primary demand base of military personnel, contractors, and corporate travelers.

Financials and Due Diligence can be found here: Studio 6 | San Antonio Airport | bracketRE

Investment highlights

  • 2 miles from SAT - top 30 busiest U.S. airports. Demand: Joint Base San Antonio (nation's largest military installation), airline crews, government contractors, medical travelers, and corporate extended-stay guests. Necessity-driven demand - not leisure-dependent.
  • Direct OTA and loyalty distribution through the Motel 6/Studio 6 platform. Purpose-built extended-stay: kitchen suites, longer average stays, lower turnover costs, consistent weekday demand. Brand distribution built in - operator captures the margin.
  • Rezoned September 2025 to MF-50 AHOD - up to 50 units/acre multifamily by-right. Legal opinion confirms hotel use continues unaffected. 2.73 acres = ~136 apartment units supportable. Entitlement risk eliminated - the single largest development hurdle is gone.
  • Property ADR: ~$41. Comp set ADR: $54-$60/month in 2026. A $13-$18/night gap - not a market problem, a revenue management opportunity. Property continues to lead comp set on occupancy every month in 2026 (10-13 points ahead), proving demand is not the issue.
  • ~$500K total renovation investment: common areas complete, full 117-key room turnover commencing. Operating 80-90 rooms throughout. Estimated 9-12 months to completion. Upon completion, G6 PIP fully satisfied. Known scope, known cost, defined timeline.
  • MPI of 155 in 2023-2024 - #1 in comp set occupancy every month. Still outperforming comp set in 2026 by 10-13 points despite management transition. The location drives demand. New management and completed renovation capture the rate upside.

Listing Contacts

JO
TX 810564
Bracket Real Estate, Inc
BC
TX 738514
Bracket Real Estate
Listed by Bracket Real Estate, Inc, Bracket Real Estate

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Additional Information

Name
Josh Oswald
License
810564
Brokerage
Bracket Real Estate
Name
Brandon Colombo
License
738514
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