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$7,100,000
LocationOff Highway 1604
Property DescriptionSelect Service
Number of Rooms84
Major Source of BusinessTourism, Retail, Hospital, River Walk & Airport
Site Size+/- 1.65 Acres
Year Built 2008
Last Year Renovated 2017
Common Area AmenitiesBreakfast area, business center, indoor pool & hot tub, meeting room, guest laundry & fitness center