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Econo Lodge Inn & Suites Downtown Northeast 2755 N Panam Expy 47 Room Hotel San Antonio, TX 78208 $2,400,000 ($51,064/Room)
INVESTMENT HIGHLIGHTS
- Highly trafficked location Close to ft.Sam Houston base
EXECUTIVE SUMMARY
Underperforming hotel available at an attractive acquisition cost.
• Repositioning & renovation potential
• Franchise or rebranding opportunity
• Strong long-term demand drive
• Repositioning & renovation potential
• Franchise or rebranding opportunity
• Strong long-term demand drive
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $2,400,000 | Building Size | 20,840 SF |
| Price Per Room | $51,064 | No. Rooms | 47 |
| Sale Type | Investment | No. Stories | 2 |
| Sale Condition | Distress Sale | Year Built/Renovated | 1994/2025 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 1.02/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.58 AC | Opportunity Zone |
Yes
|
| Zoning | C-2P S | ||
| Price | $2,400,000 |
| Price Per Room | $51,064 |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.58 AC |
| Building Size | 20,840 SF |
| No. Rooms | 47 |
| No. Stories | 2 |
| Year Built/Renovated | 1994/2025 |
| Tenancy | Single |
| Parking Ratio | 1.02/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C-2P S |
AMENITIES
- Wheelchair Accessible
- Public Access Wifi
- Fiber Optic Internet
- Smoke Detector
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $65.00 | - |
| Guest Room | 45 | $65.00 | - |
PROPERTY TAXES
| Parcel Number | 12836-006-0120 | Total Assessment | $1,000,000 |
| Land Assessment | $999,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,000 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
12836-006-0120
Land Assessment
$999,000
Improvements Assessment
$1,000
Total Assessment
$1,000,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
CONTACT
-
Darpana Patel - Darpana Patel
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Econo Lodge Inn & Suites Downtown Northeast | 2755 N Panam Expy
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