9503 Interstate 35 San Antonio, TX 78233-6606

This exceptional value-add opportunity presents a 113-key Econo Lodge hotel in San Antonio, Texas. Situated on a 1.69-acre lot at 9503 N Interstate 35, this two-story, 38,043 square foot property boasts a prime location directly on I-35 in the Northeast submarket. Built in 1972, the hotel offers significant upside potential due to current underperformance attributed to absentee management. A hands-on operator can capitalize on this opportunity to improve operational efficiency and increase profitability. The asking price is $3,290,000, representing a price per key of $29,115.04 and a price per square foot of $86.48. The property currently generates a Net Operating Income (NOI) of $90,986, resulting in a 2.77% capitalization rate. Conveniently located, the hotel is a 10-minute drive from San Antonio International Airport and a 15-minute drive from the vibrant Downtown San Antonio, including the Riverwalk and The Alamo. Its proximity to I-35 ensures high visibility and accessibility. The property is zoned for commercial use and presents a compelling investment opportunity for those seeking to enhance a currently underperforming asset. This is a rare chance to acquire a well-positioned hotel with substantial growth potential in a thriving Texas market.