HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO...102 El Paso 102 El Paso, San Antonio, TX 78204 HOLIDAY...

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102 El Paso, San Antonio, TX 78204 HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO HOSPITALITY FOR SALE PROPERTY OVERVIEW The Holiday Inn Express is a 78 room, interior corridor four-story hotel located in San Antonio, TX. Constructed in 2001, this mid-scale hotel was constructed with wood frame, stucco/brick exterior and has ample onsite parking. Property amenities include a fitness center, business center, laundry facilities, outdoor swimming pool. Hotel completed Formula Blue PIP last year. PROPERTY FEATURES Four story building with 78 guest rooms with outdoors pool Walking distance to the River Walk and few blocks from historic Market Square Completed Formula Blue PIP throughout Highly desirable downtown location with tourist & interstate transient market generators SALE PRICE: $8,700,000 ROOMS: 78 2017 REV: $2,067,558 LOT SIZE: 1.06 Acres BUILDING SIZE: 45,096 SF YEAR BUILT: 2001 RENOVATED: 2017 ZONING: C-3NA MARKET: Downtown CROSS STREETS: Santa Rosa & San Saba SINGH COMMERCIAL GROUP 210.696.9996 10999 IH-10 West, Ste. 175 San Antonio, TX 78230 www.singhcommercialgroup.com/ We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. RAV SINGH, CCIM Director 0 210.849.2175 [email protected] TX #0560351

Transcript of HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO...102 El Paso 102 El Paso, San Antonio, TX 78204 HOLIDAY...

Page 1: HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO...102 El Paso 102 El Paso, San Antonio, TX 78204 HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO HOSPITALITY FOR SALE SINGH COMMERCIAL GROUP 210.696.9996

102 El Paso, San Antonio, TX 78204

HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO

HOSPITALITY FOR SALE

PROPERTY OVERVIEWThe Holiday Inn Express is a 78 room, interior corridor four-storyhotel located in San Antonio, TX. Constructed in 2001, this mid-scalehotel was constructed with wood frame, stucco/brick exterior andhas ample onsite parking. Property amenities include a fitnesscenter, business center, laundry facilities, outdoor swimming pool.Hotel completed Formula Blue PIP last year.

PROPERTY FEATURESFour story building with 78 guest rooms with outdoors pool

Walking distance to the River Walk and few blocks fromhistoric Market Square

Completed Formula Blue PIP throughout

Highly desirable downtown location with tourist & interstatetransient market generators

SALE PRICE: $8,700,000

ROOMS: 78

2017 REV: $2,067,558

LOT SIZE: 1.06 Acres

BUILDING SIZE: 45,096 SF

YEAR BUILT: 2001

RENOVATED: 2017

ZONING: C-3NA

MARKET: Downtown

CROSS STREETS: Santa Rosa & San Saba

SINGH COMMERCIAL GROUP210.696.999610999 IH-10 West,Ste. 175San Antonio, TX 78230

www.singhcommercialgroup.com/

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

RAV SINGH, CCIMDirector0 [email protected] #0560351

Page 2: HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO...102 El Paso 102 El Paso, San Antonio, TX 78204 HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO HOSPITALITY FOR SALE SINGH COMMERCIAL GROUP 210.696.9996

SINGH COMMERCIAL GROUP210.696.999610999 IH-10 West,Ste. 175San Antonio, TX 78230

www.singhcommercialgroup.com/

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

RAV SINGH, CCIMDirector0 [email protected] #0560351

102 El Paso, San Antonio, TX 78204

HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO

HOSPITALITY FOR SALE

Page 3: HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO...102 El Paso 102 El Paso, San Antonio, TX 78204 HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO HOSPITALITY FOR SALE SINGH COMMERCIAL GROUP 210.696.9996

SINGH COMMERCIAL GROUP210.696.999610999 IH-10 West,Ste. 175San Antonio, TX 78230

www.singhcommercialgroup.com/

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

RAV SINGH, CCIMDirector0 [email protected] #0560351

102 El Paso, San Antonio, TX 78204

HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO

HOSPITALITY FOR SALE

Page 4: HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO...102 El Paso 102 El Paso, San Antonio, TX 78204 HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO HOSPITALITY FOR SALE SINGH COMMERCIAL GROUP 210.696.9996

SINGH COMMERCIAL GROUP210.696.999610999 IH-10 West,Ste. 175San Antonio, TX 78230

www.singhcommercialgroup.com/

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

RAV SINGH, CCIMDirector0 [email protected] #0560351

102 El Paso, San Antonio, TX 78204

HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO

HOSPITALITY FOR SALE

Page 5: HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO...102 El Paso 102 El Paso, San Antonio, TX 78204 HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO HOSPITALITY FOR SALE SINGH COMMERCIAL GROUP 210.696.9996

102 El Paso

102 El Paso, San Antonio, TX 78204

HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO

HOSPITALITY FOR SALE

SINGH COMMERCIAL GROUP210.696.999610999 IH-10 West,Ste. 175San Antonio, TX 78230

www.singhcommercialgroup.com/

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

RAV SINGH, CCIMDirector0 [email protected] #0560351

Page 6: HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO...102 El Paso 102 El Paso, San Antonio, TX 78204 HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO HOSPITALITY FOR SALE SINGH COMMERCIAL GROUP 210.696.9996

102 El Paso, San Antonio, TX 78204

HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO

HOSPITALITY FOR SALE

SINGH COMMERCIAL GROUP210.696.999610999 IH-10 West,Ste. 175San Antonio, TX 78230

www.singhcommercialgroup.com/

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

RAV SINGH, CCIMDirector0 [email protected] #0560351

Page 7: HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO...102 El Paso 102 El Paso, San Antonio, TX 78204 HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO HOSPITALITY FOR SALE SINGH COMMERCIAL GROUP 210.696.9996

SINGH COMMERCIAL GROUP210.696.999610999 IH-10 West,Ste. 175San Antonio, TX 78230

www.singhcommercialgroup.com/

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

RAV SINGH, CCIMDirector0 [email protected] #0560351

* Demographic data derived from 2010 US Census

102 El Paso, San Antonio, TX 78204

HOLIDAY INN EXPRESS DOWNTOWN SAN ANTONIO

HOSPITALITY FOR SALE

ETHNICITY 1 MILE 3 MILES 5 MILES

% HISPANIC 83.1% 86.4% 82.7%

RACE 1 MILE 3 MILES 5 MILES

% WHITE 51.2% 59.9% 62.5%

% BLACK 5.9% 4.5% 4.8%

% ASIAN 0.5% 0.3% 0.4%

% HAWAIIAN 0.1% 0.1% 0.1%

% INDIAN 0.4% 0.7% 0.9%

% OTHER 39.4% 32.7% 29.4%

POPULATION 1 MILE 3 MILES 5 MILES

TOTAL POPULATION 14,669 150,738 381,201

MEDIAN AGE 32.9 33.3 33.4

MEDIAN AGE (MALE) 31.9 31.5 31.6

MEDIAN AGE (FEMALE) 35.1 35.7 35.4

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

TOTAL HOUSEHOLDS 4,200 49,188 125,810

# OF PERSONS PER HH 3.5 3.1 3.0

AVERAGE HH INCOME $42,448 $38,038 $42,295

AVERAGE HOUSE VALUE $126,029 $85,963 $98,605