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La Quinta Inn by Wyndham San Antonio Lackland 6511 W Military Dr 177 Room Hotel San Antonio, TX 78227 $4,154,730 CAD ($23,473 CAD/Room) 8.67% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Two front buildings of La Quinta Inn by Wyndham San Antonio Lackland with Highway 90 frontage for sale
  • The first building spans 5,556 square feet and the second building spans 4,606 square feet.
  • Easily accessible off W US Hwy 90 and Military Drive West and close to Cleto Rodriguez Freeway 90.
  • The first building is a 32-keys with 28 king and four double -bed guestrooms, the second is also a 32-key with two king and 30 double-bed guestrooms.

EXECUTIVE SUMMARY

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 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. It boasts a $28 RevPAR, providing ample room for performance growth and repositioning strategies.

Financial upside and 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.

Lackland Air Force Base generates consistent demand from military trainees, families, and government contractors. Tourism and local business activities are strong with proximity to Downtown San Antonio, SeaWorld, and other local attractions. There are steady market fundamentals as San Antonio’s economy continues to expand, driving demand for affordable lodging.

This offering is ideal for an entrepreneurial operator looking to rebrand and maximize operating income in a high-demand market. For additional information, including financials and property details, please contact Seth Equities. The owner will sell the property via metes & bounds.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $4,154,730 CAD
Price Per Room $23,473 CAD
Sale Type Investment
Cap Rate 8.67%
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 6.59 AC
Building Size 60,576 SF
No. Rooms 177
No. Stories 2
Year Built/Renovated 1975/2022
Parking Ratio 1.23/1,000 SF
Corridor Exterior
Zoning C-2 - Commercial District

AMENITIES

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 177 $101.10 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15602-000-0520
Land Assessment
$4,178,464 CAD
Improvements Assessment
$3,566,757 CAD
Total Assessment
$7,745,221 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 34753049

  • Date on Market: 2025-02-07

  • Last Updated:

  • Address: 6511 W Military Dr, San Antonio, TX 78227

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