4303 Hyatt Place Dr
San Antonio, TX 78230

Marcus & Millichap’s National Hospitality Group, as an exclusive representative of the seller, is pleased to present for sale to qualified investors the Hyatt Place San Antonio Northwest Medical Center. The Hyatt branded hotel is priced on a Call for Offers basis. An opportunistic property, constructed in 1996, is located along the Interstate 10 corridor. This six-story, 126-room hotel presents a new owner the opportunity to acquire a value-add asset within the San Antonio MSA. This hospitality asset is positioned nearby many key demand drivers that include the San Antonio Medical Center, Woodlands of The Americas, and the Huebner Oaks Center. The hotel is well equipped with an outdoor pool, sundry shop, and rentable conference space. Operationally, the hotel achieved $2.8 million in total revenue and $59.70 RevPAR for March 2019 trailing twelve-month; the hotel is currently mismanaged and is under-performing its competition set. There exists an enormous opportunity for a new owner to focus on driving top line revenue via effective marketing, rate management, etc and stabilize operations including reduction in payroll and other operating expenses. The expenses include provisions for a 3 percent management fee and 4 percent reserve for capital replacement. The hotel is offered fee simple, unencumbered by a management contract and debt.