Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn & Suites San Antonio Northwest, a four-story hotel ideally located off of Interstate 10 and Loop 1604 in San Antonio, Texas. Built in 2011, the property consists of 122 interior corridor guest rooms, fitness center, business center, pool & whirlpool, sundry shop, and 2,400 square feet of flexible meeting and event space. Kem's Restaurant & Lounge is located on the ground floor. The property benefits from being located in Northwest San Antonio, a region that offers bustling residential neighborhoods, shops, restaurants, and top-rated attractions including Six Flags Fiesta Texas and SeaWorld San Antonio. The University of Texas at San Antonio, which is ranked among the top 25% of universities in the nation, enrolls approximately 36,000 students and is located only 1 mile away. Four miles from the hotel is the South Texas Medical Center, a major demand driver for the entire San Antonio region, consisting of 12 major hospitals and accommodating more than 5.3 million patient visits per year. Other notable demand drivers a short drive away include The Alamo, San Antonio Zoo, Japanese Tea Garden, Methodist Hospital Landmark, Henry B. Gonzalez Convention Center, Fort Sam Houston, and Lackland Air Force Base. The Holiday Inn & Suites San Antonio Northwest represents the opportunity to acquire a franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Northwest San Antonio region, along with operational efficiencies, effective revenue management, and property improvement plan (PIP).