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19280 Redland Rd
San Antonio, TX 78259 Redland

$12,200,000 USD

Hotel For Sale • 72,896 SF

Property Details

Property Type Hotel
Total Building Size 72,896 SF
Lot Size 2.72 AC
Building Class B
Year Built 2010
Tenancy Single
Zoning C-3

22 Transit Score

20 Walk Score

                
                    Highlights
                
                                A new investor can realize the significant upside of acquiring an underperforming, recently renovated hotel, to improve top/bottom-line cash-flows.
                            
                                Current ownership is in the process of completing an extensive property-wide renovation. 
                            
                                Given the recent renovations, a minimal change-of-ownership PIP is expected. 
                            
                                Once the renovations have been completed, rooms revenue is anticipated to exceed $3 million, with an NOI flow-through of $1 million. 
                            
                                Strategically located in the Stone Oak submarket near a dense commercial development corridor just north of the US HWY 281 and Loop 1604 interchange.

Major Tenants

Tenant	SF Occupied	Lease End Date
Redland 1604 Hospitality Ltd

Amenities

Business Center
Fitness Center
Pool
Restaurant
High Speed Internet Access
On-Site Bar
Meeting Event Space
Public Access Wifi
Smoke-Free
Hot Tub

Public Transportation

Airport	Drive	Walk	Distance
San Antonio International	11 min	-	7.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	105
Type:	Surface
Included in Rent:	Yes

Eric Guerrero 713-955-0012 HVS

19280 Redland Rd San Antonio, TX 78259 Redland