CBRE Hotels Offers Home2 Suites San Angelo for Acquisition Amid Strong Market Performance

CBRE Hotels has announced the listing of Home2 Suites by Hilton San Angelo for sale. The hotel is located near U.S. Highway 67 and Sherwood Way in San Angelo, Texas. The property features 93 rooms and is located near several major demand generators, including Goodfellow Air Force Base, Shannon Medical Center, Angelo State University, Fort Concho, and Lake Nasworthy. The hotel is also near various restaurants and recreational areas, and downtown San Angelo is approximately four miles away.

Location and Accessibility

The Home2 Suites is situated along Southwest Boulevard, providing convenient access to U.S. Highway 67. The location places the property within the city’s primary hotel corridor, close to several major institutions and attractions. Goodfellow Air Force Base, located nearby, is a major economic contributor to the region, reportedly adding $3.1 billion to the Texas economy in 2023. The hotel is also near Shannon Medical Center and Angelo State University, as well as attractions such as Fort Concho, the International Waterlily Collection, and Lake Nasworthy.

Operational Performance

According to CBRE Hotels, the Home2 Suites San Angelo has demonstrated consistent operational performance. The property has reported steady cash flow and RevPAR (Revenue Per Available Room) growth. Between 2021 and 2025, the hotel ranked first in its competitive set for RevPAR, with an average index of 136%. The property has been institutionally owned and managed.

Market Position and Demand Drivers

San Angelo is recognized as a stable hotel investment market and serves as the economic hub of the Concho Valley. The area’s demand is driven by institutions such as Goodfellow Air Force Base, which supports year-round visitation and employment, as well as Shannon Medical Center and Angelo State University. The city’s central location along regional highways, combined with a growing manufacturing and logistics sector, contributes to consistent demand for hotel accommodations. The market is characterized by an affordable cost structure and limited volatility, making it suitable for extended-stay lodging assets.

Management and Investment Considerations

The property is being offered unencumbered by management, allowing for flexibility for potential buyers. CBRE Hotels notes that the hotel has experienced operational challenges in recent years due to inconsistent management and a lack of cohesive strategy. The offering presents an opportunity for an owner-operator to implement improved asset management and operational efficiencies. There is potential for value-add through targeted repositioning within the market.

Inquire at CBRE.