seth-equities-header-01.jpg
seth-equities-header-02.jpg
seth-equities-header-03.jpg
seth-equities-header-04.jpg
seth-equities-header-05.jpg
La Quinta San Antonio Lackland

La Quinta San Antonio Lackland

Economy Scale Rebrand Opportunity
6511 Military Dr W, San Antonio, TX 78227
  • Price: $3,000,000
  • Cap Rate: 8.67%
  • Price Per Key: $46,875
  • Total Rooms: 64
  • Proforma NOI: $261,000
  • Building SF: 10162

64 Rooms | Rebranding Opportunity | Strong Economy Segment Potential

  • Seth Equities is pleased to present a unique opportunity to acquire 64 rooms of the 177-room La Quinta Inn by Wyndham San Antonio Lackland, strategically located adjacent to Lackland Air Force Base, one of the largest military training bases in the country. This offering represents a prime repositioning opportunity for an owner-operator looking to enter or expand within the economy lodging sector.

Rebranding Potential & Market Overview

  • Rebranding Opportunity: The available 64-room inventory provides an excellent foundation for a value-driven economy hotel with minimal upfront capital required.
  • Economy Market Position: The Lackland submarket is well-suited for economy-focused accommodations, boasting a $28 RevPAR, providing ample room for performance growth and repositioning strategies.

Financial Upside & Projections

  • Current Market ADR: $50–$55
  • Occupancy Potential: 55%–60%
  • Projected Year 1 RevPAR: ~$30, achieving market-average growth.
  • Stabilized NOI: $250,000–$300,000 achievable by repositioning and increasing operational efficiencies.
  • Upside through Capital Improvements: Light renovations could elevate ADR to $60+ while maintaining strong demand in this budget-conscious market.

Strategic Proximity to Key Demand Generators

  • Lackland Air Force Base (1 mile): One of the most significant training installations in the U.S., hosting over 70,000 trainees annually, plus visiting families, instructors, and government contractors.
  • Port San Antonio (8 miles): A growing industrial and technology hub, home to numerous aerospace, cybersecurity, and defense companies, including Boeing, Lockheed Martin, and Northrop Grumman.
  • Downtown San Antonio (10 miles): Access to the San Antonio Riverwalk, Alamo, and the Convention Center, ensuring steady tourism demand.
  • SeaWorld San Antonio (8 miles): A major regional attraction that draws over 3 million visitors annually.

Local Employment & Economic Growth

  • Southwest Research Institute (SwRI): A leader in R&D, employing over 3,000 scientists and engineers.
  • University Health System: One of the top regional healthcare providers, with a significant employment base in the area.
  • Amazon Fulfillment Center: Providing consistent demand from corporate and contract workers.
  • Toyota Manufacturing Plant (15 miles): One of the largest employers in the area, producing Toyota Tundra and Tacoma vehicles.
seth-equities-abstract-bg-01.jpg

Contact

Ready to make a move?

Let’s Discuss Your Hotel Real Estate Goals

Contact Us

Seth Equities logo

Seth Equities is a premier hotel brokerage and advisory firm dedicated to delivering exceptional results for hotel investors, owners, and developers. We specialize in hotel sales, acquisitions, asset management, and strategic advisory, providing a goal-focused approach that ensures every transaction and investment decision is optimized for success.

Pages

Contact