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Fairfield Inn & Suites San Angelo
Asset ClassHotel & Hospitality
Cap Rate9.5%
# Keys: 73# Stories: 3Year Renovated: 2023Access Data Room
Attractive Cap Rate & Recently Renovated Marriott Branded Hotel
overview of deal

Overview

Boldface Hospitality Advisors (“BHA”), as sole and exclusive agent for the owner, has been retained to offer for sale the fee-simple interest in the newly renovated, 73-room, Fairfield Inn & Suites San Angelo (“Property” or “Hotel”) located at 1459 Knickerbocker Road, San Angelo, TX 76904. The Property is situated within walking distance from Angelo State University (part of the Texas Tech University System), and near Goodfellow Air Force Base, San Angelo’s Regional Airport-Mathis Field, Shannon Medical Center, Downtown San Angelo area, several shopping and dining options and numerous site seeing attractions.

 

San Angelo, Texas is a growing market with strong economic drivers, including agriculture, oil & gas, healthcare, military, and education, making it a stable environment for hotel investments. Its central location in West Texas, regional airport, and proximity to major highways contribute to a steady influx of business travelers and tourists. With a low hotel room supply relative to demand, the market enjoys solid occupancy rates. San Angelo’s consistent economic performance and limited competition create a favorable environment for hotels, offering the potential for strong returns on investment.

 

This offering represents an exceptional opportunity to acquire a strategically located, high-quality, mid-scale hotel in the thriving, fast-growing and highly desirable San Angelo market, available unencumbered of management and debt, and offered below replacement value.

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Investment Highlights

  • Key economic drivers include agriculture, healthcare, military, education, and oil & gas production
  • Stable occupancy rates and revenue generation ($2.1M Annual Revenue YoY from 2022 to 2024)
  • Strong-In-Place Cash Flow and Continued Market Upside, benefiting from newly renovated guestrooms, public spaces and exterior painting and signage
  • Dynamic and Thriving Economic Landscape with Continued Growth
  • Potential for Strong Investment Returns in the Fast-Growing San Angelo Market
  • Premium Limited-Service Brand & Globally Recognized Marriott Affiliation
1459 Knickerbocker RdSan Angelo, TX 76904

Sales Team

Keith Koop BOR

License #: TX 335738

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