Property Overview
The Fairfield Inn & Suites is an appealing, 84 room hotel located on Hwy 1604 near the San Antonio Airport in north San Antonio, TX. Business generates from international travel, bountiful area retail, a regional hospital, nearby theme parks, the River Walk and the Airport. The 4 story hotel was updated in 2017. 2021 NOI indicates an attractive actual cap rate of 8.4%. However, YTD March 2022 revenues are already 71% higher than last year, signaling a significant increase in 2022 return on investment.
Property Highlights
| Asking Price | $6,900,000 |
| Location | Off Highway 1604 |
| Property Description | Select Service |
| Number of Rooms | 84 |
| Major Source of Business | Tourism, Retail, Hospital, River Walk & Airport |
| Site Size | +/- 1.65 Acres |
| Year Built |
2008 |
| Last Year Renovated |
2017 |
| Common Area Amenities | Breakfast area, business center, indoor pool & hot tub, meeting room, guest laundry & fitness center |