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The Baymont Inn & Suites is a 99 room (total 106 rooms), exterior corridor, 2 story hotel located in San Antonio, TX. Built in 1975, this mid-scale hotel has gone thru multiple renovations, most recently upgraded in 2019. Attractively priced at under $43k/door. A free continental breakfast and an outdoor swimming pool are offered at this San Antonio hotel, located just 8.7 mi from the River Walk entertainment district in downtown. Originally the hotel was built as 106 rooms but the current ownership has converted few rooms for employees and storage. These could be added back to drive more value/revenue at this location. Per owner, opportunity to rebrand to Econo, Red Roof or other flag.
San Antonio market is thriving! It is the 2nd largest city in the state of Texas and the 7th largest city in the United States.
South Texas Medical Center, which consists of 900 acres of medical related and supporting facilities, twelve major hospitals that serve over 5.6 million outpatient visits annually, and five higher educational training institutions is few minutes away from the hotel. The Alamo historic site is 9 miles away and Six Flags Fiesta Texas is 12 miles away. San Antonio International Airport is within a 10 minute drive.
The acquisition opportunity presents a new investor with significant upside since the Hotel recently received extensive renovations. A new owner is in an advantageous position to tailor operational strategies to increase RevPAR and improve cash flow for a Hotel on I-10 and centrally located in a dynamic San Antonio metro
The renovation interrupted the property's normal performance, but a new owner has the opportunity to revamp revenue management strategies and utilize the recent renovation to continue to drive rate
The Hotel is situated few minutes drive to major demand generators including South Texas Medical Center. The Alamo historic site is 9 miles away and Six Flags Fiesta Texas is 12 miles away. San Antonio International Airport is within a 10 minute drive
Month | Payment | Principal | Interest | Total Interest | Balance |
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$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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.
Total Population | 21,876 | 144,485 | 364,467 | |
Population Median Age | 33 | 36 | 36 | |
Population by Age | 0-9 Yrs | 3463 (15%) | 19212 (13%) | 47020 (12%) |
10-19 Yrs | 2166 (9%) | 14768 (10%) | 42495 (11%) | |
20-29 Yrs | 5385 (24%) | 30499 (21%) | 70545 (19%) | |
30-39 Yrs | 3794 (17%) | 23947 (16%) | 55942 (15%) | |
40-49 Yrs | 1989 (9%) | 16368 (11%) | 42283 (11%) | |
50-59 Yrs | 2055 (9%) | 15292 (10%) | 40061 (10%) | |
60-69 Yrs | 1301 (5%) | 11782 (8%) | 32633 (8%) | |
70+ Yrs | 1723 (7%) | 12619 (8%) | 33487 (9%) | |
Median HH Income | $43,613 | $50,770 | $52,031 | |
Total Household Income | < 24K | 2157 (26%) | 13368 (22%) | 30997 (22%) |
25-49K | 2446 (29%) | 15367 (26%) | 34800 (25%) | |
50-74K | 1487 (18%) | 11132 (19%) | 25618 (18%) | |
75-99K | 1075 (13%) | 7074 (12%) | 16461 (12%) | |
100-199K | 872 (10%) | 8781 (15%) | 22509 (16%) | |
200K+ | 209 (2%) | 2541 (4%) | 6087 (4%) | |
Highest Education Level | No Diploma | 2005 | 10505 | 31578 |
Diploma or GED | 2834 | 20352 | 53549 | |
Some College | 3336 | 22773 | 56598 | |
Assoc. Degree | 1313 | 7556 | 19187 | |
Bachelors Degree | 2968 | 22471 | 50886 | |
Higher Degree | 1639 | 14365 | 30382 | |
Total Housing Units | 9,282 | 65,415 | 151,209 | |
--Owner-Occupied | 2,398 | 19,717 | 59,361 | |
--Renter-Occupied | 5,847 | 38,545 | 77,111 | |
Owner-Occupied Values | < 100K | 412 | 2499 | 9192 |
100-199K | 1179 | 7964 | 25327 | |
200-299K | 559 | 4932 | 14630 | |
300-399K | 140 | 2621 | 5670 | |
400-499K | 80 | 729 | 1792 | |
500K+ | 29 | 972 | 2750 | |
Total Working Age Population | 17,201 | 116,563 | 293,366 | |
In Work Force | 11,414 | 78,590 | 194,073 | |
Not In Work Force | 5,787 | 37,973 | 99,294 | |
Workforce Employed | 10,769 | 74,576 | 183,078 | |
Workforce Unemployed | 496 | 3,567 | 9,998 | |
Civlian Workforce | 11,265 | 78,143 | 193,076 | |
Military Workforce | 148 | 447 | 997 | |
Total Households | 8,245 | 58,262 | 136,472 | |
Family Households | 4,145 | 29,590 | 76,827 | |
Non-Family Households | 4,100 | 28,672 | 59,645 | |
Married Couple | 2,654 | 19,446 | 51,057 | |
Other Family | 1,491 | 10,145 | 25,770 | |
Married w/Child | 1,312 | 8,000 | 20,589 | |
Single Male w/Child | 177 | 870 | 2,409 | |
Single Female w/Child | 572 | 4,148 | 10,188 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Texas | 20,851,820 | +21 | 25,145,561 | +18 | 29,677,668 | +18 | 34,894,452 |
Bexar County | 1,392,931 | +23 | 1,714,773 | +22 | 2,093,502 | +20 | 2,502,617 |
Comal County | 78,021 | +39 | 108,472 | +36 | 147,330 | +39 | 204,873 |