Seth Equities is pleased to present a unique opportunity to acquire 64 rooms of the 177-room La Quinta Inn by Wyndham San Antonio Lackland, strategically located adjacent to Lackland Air Force Base, one of the largest military training bases in the country. This offering represents a prime repositioning opportunity for an owner-operator looking to enter or expand within the economy lodging sector.
Rebranding Potential & Market Overview
Rebranding Opportunity: The available 64-room inventory provides an excellent foundation for a value-driven economy hotel with minimal upfront capital required.
Economy Market Position: The Lackland submarket is well-suited for economy-focused accommodations, boasting a $28 RevPAR, providing ample room for performance growth and repositioning strategies.
Financial Upside & Projections
Current Market ADR: $50–$55
Occupancy Potential: 55%–60%
Projected Year 1 RevPAR: ~$30, achieving market-average growth.
Stabilized NOI: $250,000–$300,000 achievable by repositioning and increasing operational efficiencies.
Upside through Capital Improvements: Light renovations could elevate ADR to $60+ while maintaining strong demand in this budget-conscious market.
Strategic Proximity to Key Demand Generators
Lackland Air Force Base (1 mile): One of the most significant training installations in the U.S., hosting over 70,000 trainees annually, plus visiting families, instructors, and government contractors.
Port San Antonio (8 miles): A growing industrial and technology hub, home to numerous aerospace, cybersecurity, and defense companies, including Boeing, Lockheed Martin, and Northrop Grumman.
Downtown San Antonio (10 miles): Access to the San Antonio Riverwalk, Alamo, and the Convention Center, ensuring steady tourism demand.
SeaWorld San Antonio (8 miles): A major regional attraction that draws over 3 million visitors annually.
Local Employment & Economic Growth
Southwest Research Institute (SwRI): A leader in R&D, employing over 3,000 scientists and engineers.
University Health System: One of the top regional healthcare providers, with a significant employment base in the area.
Amazon Fulfillment Center: Providing consistent demand from corporate and contract workers.
Toyota Manufacturing Plant (15 miles): One of the largest employers in the area, producing Toyota Tundra and Tacoma vehicles.
