Hotel-Motel
Non-Operating Econo Lodge San Angelo
415 W Beauregard Ave, San Angelo, TX 76903
Listing Price: Request For Offer
Investment Overview
As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Econo Lodge (‘Hotel’ or ‘Property’) located in San Angelo, Texas. The Choice Hotels International-branded Hotel is being made available for auction on the Ten-X website and offered on a “call for offers” basis.
The Econo Lodge is located at 415 W Beauregard Avenue and offers a unique investment opportunity to join the Choice Hotels franchise in San Angelo, Texas. This 1.02-acre commercial parcel features the non-operating Econo Lodge, a 44,161-square-foot, three-story hotel with 75 rooms. Amenities include meeting event space, an indoor pool, on-site laundry, vending machines, and approximately 70 parking spaces. Each room is equipped with a coffee maker, flat-screen TV with premium cable, refrigerator, microwave, and comfortable beds. The hotel has three suites and 72 standard guest rooms, with prominent rooftop signage visible to over 11,100 passing cars daily.
Econo Lodge San Angelo is centrally located off Highway 87, providing easy access to Angelo State University and the Junell Center/Stephens Arena. Nearby, travelers can enjoy golf at the Santa Fe Park Golf Course or visit Santa Fe Park. The hotel is within walking distance of numerous restaurants, the River Walk, and downtown amenities including pharmacies and gas stations. Goodfellow Air Force Base, the International Water Lily Garden, and Shannon Medical Center are also less than a mile away. San Angelo Regional/Mathis Field is conveniently located under 10 miles from the hotel.
The Texas West Area hospitality market is strategically positioned at the crossroads of US Routes 67, 87, and 277. San Angelo's growing population and robust economic outlook are driven by key employers like Goodfellow Air Force Base, which specializes in military training. The region also has strong energy, agriculture, and telecommunications sectors. With Shannon Medical Center serving as a regional healthcare hub and Angelo State University hosting over 10,000 students, the city boasts a vibrant cultural scene with institutions like the San Angelo Symphony and Museum of Art. Outdoor recreational activities abound along the Concho River and in San Angelo State Park.
Investment Highlights
- Prime Location: Non-Operating Econo Lodge located at 415 W Beauregard Avenue in San Angelo, Texas is a three-story hotel with 75 rooms, which spans across 1.2 acres.
- Historic Significance: Located in a historic West Texas city, home to Angelo State University, Goodfellow Air Force Base, San Angelo State Park, and San Angelo Regional Airport.
- Market Potential: RevPAR in the Texas West market stands at $62, reflecting a 1.9% increase over the past year, with overall revenue growth of 0.7%.
- Attractive Demand Drivers: Local attractions include the Railway Museum, Fine Arts Museum, Concho River Walk, year-round live music, and San Angelo State Park.
- Key Employers: Major employers in San Angelo include Goodfellow Air Force Base, Shannon Medical Center, San Angelo Public School System, and Angelo State University.
Listing Price: Request For Offer
Investment Highlights
- Prime Location: Non-Operating Econo Lodge located at 415 W Beauregard Avenue in San Angelo, Texas is a three-story hotel with 75 rooms, which spans across 1.2 acres.
- Historic Significance: Located in a historic West Texas city, home to Angelo State University, Goodfellow Air Force Base, San Angelo State Park, and San Angelo Regional Airport.
- Market Potential: RevPAR in the Texas West market stands at $62, reflecting a 1.9% increase over the past year, with overall revenue growth of 0.7%.
- Attractive Demand Drivers: Local attractions include the Railway Museum, Fine Arts Museum, Concho River Walk, year-round live music, and San Angelo State Park.
- Key Employers: Major employers in San Angelo include Goodfellow Air Force Base, Shannon Medical Center, San Angelo Public School System, and Angelo State University.
Investment Overview
As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Econo Lodge (‘Hotel’ or ‘Property’) located in San Angelo, Texas. The Choice Hotels International-branded Hotel is being made available for auction on the Ten-X website and offered on a “call for offers” basis. The Econo Lodge is located at 415 W Beauregard Avenue and offers a unique investment opportunity to join the Choice Hotels franchise in San Angelo, Texas. This 1.02-acre commercial parcel features the non-operating Econo Lodge, a 44,161-square-foot, three-story hotel with 75 rooms. Amenities include meeting event space, an indoor pool, on-site laundry, vending machines, and approximately 70 parking spaces. Each room is equipped with a coffee maker, flat-screen TV with premium cable, refrigerator, microwave, and comfortable beds. The hotel has three suites and 72 standard guest rooms, with prominent rooftop signage visible to over 11,100 passing cars daily. Econo Lodge San Angelo is centrally located off Highway 87, providing easy access to Angelo State University and the Junell Center/Stephens Arena. Nearby, travelers can enjoy golf at the Santa Fe Park Golf Course or visit Santa Fe Park. The hotel is within walking distance of numerous restaurants, the River Walk, and downtown amenities including pharmacies and gas stations. Goodfellow Air Force Base, the International Water Lily Garden, and Shannon Medical Center are also less than a mile away. San Angelo Regional/Mathis Field is conveniently located under 10 miles from the hotel. The Texas West Area hospitality market is strategically positioned at the crossroads of US Routes 67, 87, and 277. San Angelo's growing population and robust economic outlook are driven by key employers like Goodfellow Air Force Base, which specializes in military training. The region also has strong energy, agriculture, and telecommunications sectors. With Shannon Medical Center serving as a regional healthcare hub and Angelo State University hosting over 10,000 students, the city boasts a vibrant cultural scene with institutions like the San Angelo Symphony and Museum of Art. Outdoor recreational activities abound along the Concho River and in San Angelo State Park.