Hampton Inn & Suites San Antonio Airport Listed For Sale
CBRE Hotels solicits offers to acquire the fee-simple interest in the Hampton Inn & Suites San Antonio Airport. Positioned at the intersection of two prominent thoroughfares in the northern San Antonio area, Loop 410 and US Highway 281 North, the hotel provides easy access to San Antonio International Airport and many of San Antonio’s most popular attractions, renowned academic institutions, and corporate offices. Thanks to this prime location, the 106-room property receives business from a diverse population of both corporate and leisure segments.
Investment Highlights
- High Barrier to Entry Market – The property is expected to trade at a discount to replacement cost given the market’s high barrier to entry driven by rapidly increasing land value and high construction cost.
- Management Upside – The hotel will be offered unencumbered by management, allowing significant upside potential for a more hands-on owner operator to improve hotel’s overall performance through more efficient revenue management and reduction in labor expenses and property maintenance costs.
- $2.5 Billion San Antonio Airport Expansion – With more than 10 million passengers annually, the San Antonio Airport anticipates an increase to 15 million passengers in the next two decades. To accommodate this growth and benefit the region, the San Antonio Airport plans to complete a new terminal, renovate the existing Terminal A, and enhance airfield and road infrastructure by 2028.
- Diverse Demand Drivers – The hotel is strategically located minutes away from San Antonio International Airport, an international airport in San Antonio that serves 12 airlines to 53 destinations in the US and Mexico. In addition, the property is in proximity to San Antonio’s premier tourist destinations, including the North Star Mall, the Historic Market Square – the largest Mexican market in the country, and the Alamo – part of a UNESCO World Heritage site that attracts millions of visitors annually. As leisure travel continues to recover from the pandemic, the hotel is well-positioned to capture significant business from these nearby attractions in the foreseeable future.
- San Antonio MSA – With more than 2.5 million residents, the San Antonio metropolitan area continues to be one of the fastest growing metros in the nation. Significant private and public investments have been poured into different city areas and commercial development has boomed across the Alamo City. These recent developments are starting to attract young professionals and national tenants to all areas across the San Antonio regions.
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