333 Rio Concho Dr San Angelo, TX 76903-5525
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.
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Pearl on the Concho SureStay Collection by Best Western Hotel & Motel
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333 Restaurant & Saloon Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.