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La Luz 505 E Travis St 17 Room Serviced Apartment San Antonio, TX 78205 For Sale
Investment Highlights
- Trophy historic building originally built in the 1920s as the home of the San Antonio Light newspaper
- Prime location in the northern portion of the Central Business District
- Commercial spaces are 100% occupied
- Thoughtfully redesigned and renovated in 2023
- Five-minute walk to The Alamo and The River Walk
- Public parking garage located next to the building
Executive Summary
Originally built in the 1920s as the home of the San Antonio Light newspaper, this trophy historic building was thoughtfully redesign in 2023. Includes 17 units, retail on ground floor and a rooftop bar. Its prime location in the northern portion of the Central Business District 5 minute walk to The Alamo, The River Walk, and multitude of amenities, shopping, restaurants, bars, museums and more make this asset Ideal for condo conversion and/or hospitality use.
Property Facts
| Sale Type | Investment | No. Rooms | 17 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Serviced Apartment | Year Built/Renovated | 1928/2023 |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.09 AC | Opportunity Zone |
Yes
|
| Building Size | 17,929 SF | ||
| Zoning | D - Downtown District | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Serviced Apartment |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 17,929 SF |
| No. Rooms | 17 |
| No. Stories | 4 |
| Year Built/Renovated | 1928/2023 |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | D - Downtown District |
Amenities
- On-Site Retail
- On-Site Bar
- Cafe
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 17 | $168.00 | - |
1 1
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 00421-024-0010 | Improvements Assessment | $2,881,140 |
| Land Assessment | $618,860 | Total Assessment | $3,500,000 |
Property Taxes
Parcel Number
00421-024-0010
Land Assessment
$618,860
Improvements Assessment
$2,881,140
Total Assessment
$3,500,000
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Photos
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Street
Map
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Contact the Sale Advisor
La Luz | 505 E Travis St