333 Rio Concho Dr San Angelo, TX 76903-5525

Property Details for 333 Rio Concho Dr

Year built

1966

Lot size

5.19 lot acres

Property size

50,880 SF

Property type

Hotels

APN

13-23500-0000-016-00

APU

1323500000001600

Description

This exceptional 6,664 square foot hotel property, built in 1966, presents a unique investment opportunity in San Angelo, Texas. Located at 333 Rio Concho Dr, in Tom Green County, zip code 76903 (31.4607066, -100.4300859), this established hotel boasts 164 keys and offers significant upside potential. The property's prime location in San Angelo, a city known for its rich history and vibrant riverwalk, ensures strong demand. The existing structure presents a flexible layout, with the potential for a strategic division into two distinct properties: a 128-room SureStay hotel and a separate 36-room boutique hotel. This dual-branded approach could maximize revenue streams and cater to a wider range of guests. The property's substantial size and established presence provide a solid foundation for future growth and profitability. This is an ideal opportunity for investors seeking a well-positioned hospitality asset in a thriving Texas market. The property's proximity to the Concho River Walk, Fort Concho National Historic Landmark, and the revitalized downtown area with its restored 19th and 20th-century buildings, further enhances its appeal and potential for increased occupancy rates. This is a rare chance to acquire a significant hotel property with substantial redevelopment potential in a desirable location.

Location Insight

City

San Angelo

County

Tom Green

State

Texas

Longitude

-100.43

Latitude

31.4606

CBSA code

41660

CBSA name

SAN ANGELO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments