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Paramount Logding Advisors is exclusively representing the sale of a Limited Service Hotel property in San Antonio, TX on behalf of a nationally recognized hotel ownership company.
This limited service hotel is 104 keys, four floors and consists of masonry construction. Of the guest rooms, 12 have interior access and 93 are exterior corridor. The property is being offered unencumbered of management and must be rebranded upon transaction.
PLA has identified alternative franchising options for the property which include flags from the Carlson, Choice, Wyndham and Red Roof brand families. The limited service hotel property in San Antonio is located approximately 12 miles northeast of San Antonio' s Central Business District (CBD) and within seven miles of San Antonio International Airport. It is easily accessible from Interstate 35 and proximate to Interstate 10.
Due to the confidential nature of this opportunity, a confidentiality agreement will need to be executed to receive a detailed offering package on this asset. One can be completed at the following website: http://www.paramountlodging.com/listings/files/hotel_listing_10050.php
Ask price is $3,750,000. Please contact me with interest. Thank you.
Adam Montufar - 312.239.0534