Specialty Real Estate
104 North Interstate 35 Frontage Road San Marcos, TX 78666
Details & Description
Price: $4,250,000
    The Comfort Suites is a 53 all suites room, limited service, interior corridor hotel located in San Marcos, Texas (Austin MSA). The three-story hotel was built in 2006 using stone and stucco exterior, and pitched shingle roof. The hotel features large spacious guest suites, consistent with the Comfort Suites franchise, with small living area adjacent to beds with a sleeper sofa and table and a seasonal outdoor pool. The hotel is well-maintained, and recently went thru the Move to Modern PIP from the current owner. New owner will get a chance to own a great flag 2 miles from Texas State University and very close to Premium outlet malls within the Austin MSA!The Comfort Suites is being offered unencumbered by its current management agreement which started 5 yrs ago, thereby providing an excellent opportunity for an owner to fully control the property’s operations and cut extra expenses.Based on 2019 revenue and expenses, the hotel operated slightly above 38% profit margin with an NOI of over $385K and a CAP rate of 9% on 2019 ActualsComfort Suites is located within the Austin, Texas MSA, the 13th most populous region in the United States and the 4th most populous region in the State. Austin is the 3rd largest state capital in the United StatesThe hotel offers many corporate demand generators as part of the expanding Texas State University campus, which is the 4th largest University in the state with an enrollment of more than 38,000 undergraduate and graduate studentsThe Greater San Marcos area is found within the Texas Triangle – the area of Texas outlined by Dallas-Fort Worth, Houston, and San Antonio-AustinI-35 stretch between San Antonio and Austin is booming, making this hotel an ideal choice for operatorsPoints of interest in the area include the Tanger Outlet Center, Prime Outlet Center, and the athletic facilities surrounding the university campusThere are ample restaurants within close proximity to the property including Plucker’s Wing Bar, Chili’s, Red Lobster, Whataburger, Johnny Carino’s, Casa Maria and Garcia’s Mexican FoodThe hotel is being offered unencumbered by its current management agreement which started 5 yrs ago, thereby providing an excellent opportunity for an owner to fully control the property’s operations and cut extra expenses
    Property Highlights
     2019 room revenue was $1,013,916 with an average $92 ADR and 56 Occupancy
     2019 room revenue was $1,013,916 with an average $92 ADR and 56 Occupancy
    Additional Photos
    Listing Agents
    Rav Singh

    O: 210-696-9996
    M: 210-849-2175
    rav@kwcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    104 North Interstate 35 Frontage Road

    San Marcos, TX 78666

    Listing ID: 272052
    • 104 North Interstate 35 Frontage Road San Marcos, TX 78666 | for Sale | Photo 1
    • 104 North Interstate 35 Frontage Road San Marcos, TX 78666 | for Sale | Photo 2
    • 104 North Interstate 35 Frontage Road San Marcos, TX 78666 | for Sale | Photo 3
    • 104 North Interstate 35 Frontage Road San Marcos, TX 78666 | for Sale | Photo 4
    104 North Interstate 35 Frontage Road | for Sale | Thumbnail 1
    104 North Interstate 35 Frontage Road | for Sale | Thumbnail 2
    104 North Interstate 35 Frontage Road | for Sale | Thumbnail 3
    104 North Interstate 35 Frontage Road | for Sale | Thumbnail 4
    Building Size: 27,144 SF
    Lot Size: 0.920 AC
    Land Size: 40,075 SF
    Building $/SF: $156.57
    Land $/SF: $106.05
    Price
    $4,250,000
    Property Highlights
    2019 room revenue was $1,013,916 with an average $92 ADR and 56 Occupancy
    Description

    The Comfort Suites is a 53 all suites room, limited service, interior corridor hotel located in San Marcos, Texas (Austin MSA). The three-story hotel was built in 2006 using stone and stucco exterior, and pitched shingle roof. The hotel features large spacious guest suites, consistent with the Comfort Suites franchise, with small living area adjacent to beds with a sleeper sofa and table and a seasonal outdoor pool. The hotel is well-maintained, and recently went thru the Move to Modern PIP from the current owner. New owner will get a chance to own a great flag 2 miles from Texas State University and very close to Premium outlet malls within the Austin MSA!

    The Comfort Suites is being offered unencumbered by its current management agreement which started 5 yrs ago, thereby providing an excellent opportunity for an owner to fully control the property’s operations and cut extra expenses.

    Based on 2019 revenue and expenses, the hotel operated slightly above 38% profit margin with an NOI of over $385K and a CAP rate of 9% on 2019 Actuals

    Comfort Suites is located within the Austin, Texas MSA, the 13th most populous region in the United States and the 4th most populous region in the State. Austin is the 3rd largest state capital in the United States

    The hotel offers many corporate demand generators as part of the expanding Texas State University campus, which is the 4th largest University in the state with an enrollment of more than 38,000 undergraduate and graduate students

    The Greater San Marcos area is found within the Texas Triangle – the area of Texas outlined by Dallas-Fort Worth, Houston, and San Antonio-Austin

    I-35 stretch between San Antonio and Austin is booming, making this hotel an ideal choice for operators

    Points of interest in the area include the Tanger Outlet Center, Prime Outlet Center, and the athletic facilities surrounding the university campus

    There are ample restaurants within close proximity to the property including Plucker’s Wing Bar, Chili’s, Red Lobster, Whataburger, Johnny Carino’s, Casa Maria and Garcia’s Mexican Food

    The hotel is being offered unencumbered by its current management agreement which started 5 yrs ago, thereby providing an excellent opportunity for an owner to fully control the property’s operations and cut extra expenses

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Austin History of Specialty Real Estate for Sale

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    San Marcos Area Market Trends

    Listing Demographics for 104 North Interstate 35 Frontage Road San Marcos, TX 78666

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population7,46046,86564,467
    Population Median Age353132
    Population by Age0-9 Yrs757 (10%)3177 (6%)5028 (7%)
    10-19 Yrs539 (7%)8426 (17%)11513 (17%)
    20-29 Yrs2591 (34%)18062 (38%)23121 (35%)
    30-39 Yrs988 (13%)4739 (10%)6853 (10%)
    40-49 Yrs767 (10%)3655 (7%)5453 (8%)
    50-59 Yrs663 (8%)3605 (7%)5112 (7%)
    60-69 Yrs441 (5%)2578 (5%)3681 (5%)
    70+ Yrs714 (9%)2624 (5%)3705 (5%)
    Median HH Income$43,003$38,956$41,288
    Total Household Income< 24K779 (26%)5447 (31%)6804 (29%)
    25-49K958 (32%)5184 (30%)6768 (29%)
    50-74K584 (19%)2720 (15%)3875 (17%)
    75-99K328 (11%)1630 (9%)2167 (9%)
    100-199K277 (9%)1818 (10%)2668 (11%)
    200K+46 (1%)348 (2%)493 (2%)
    Highest Education LevelNo Diploma94230364677
    Diploma or GED121958678803
    Some College106351187074
    Assoc. Degree16010021563
    Bachelors Degree88647476163
    Higher Degree42626403304
    Total Housing Units3,33918,81624,830
    --Owner-Occupied9914,8037,447
    --Renter-Occupied1,98012,34415,328
    Owner-Occupied Values< 100K43712782191
    100-199K37616802576
    200-299K9111141586
    300-399K55439649
    400-499K8154225
    500K+24137219
    Total Working Age Population6,45042,17956,616
    In Work Force4,71828,35537,690
    Not In Work Force1,73213,82418,927
    Workforce Employed4,54226,20335,088
    Workforce Unemployed1752,1492,589
    Civlian Workforce4,71828,35237,677
    Military Workforce0312
    Total Households2,97117,14722,775
    Family Households1,4857,24310,507
    Non-Family Households1,4869,90412,267
    Married Couple7994,5326,799
    Other Family6852,7113,709
    Married w/Child1981,3422,278
    Single Male w/Child71215360
    Single Female w/Child2448941,265

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Caldwell County32,194+1838,066+1644,284+1550,777
    Comal County78,021+39108,472+36147,330+39204,873
    Guadalupe County89,023+48131,533+29170,266+30221,353
    Hays County97,589+61157,107+50234,896+48347,120

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 104 North Interstate 35 Frontage Road in San Marcos?
    The asking price for 104 North Interstate 35 Frontage Road is $4,250,000
    What is the building size of this Specialty property in San Marcos, TX?
    The size of the building/unit at 104 North Interstate 35 Frontage Road in San Marcos is 27,144 square feet
    How much land does the San Marcos, TX property at 104 North Interstate 35 Frontage Road include?
    104 North Interstate 35 Frontage Road in San Marcos includes 0.920 acres of land
    What kind of Specialty is the propery at 104 North Interstate 35 Frontage Road?
    The property at 104 North Interstate 35 Frontage Road San Marcos, TX 78666 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 104 North Interstate 35 Frontage Road in San Marcos?
    The population within 1 mile of 104 North Interstate 35 Frontage Road San Marcos, TX 78666 is 7,460 people.
    Who do I contact for questions about 104 North Interstate 35 Frontage Road?
    You should contact the listing agent, Rav Singh , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Austin Bergstrom International Airport (AUS) 28
    San Antonio International Airport (SAT) 39
    Corpus Christi International Airport (CRP) 147
    Price
    $4,250,000
    Listing Agent
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