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Holiday Inn Express & Suites San Antonio North Windcrest – Image Credit CBRE
Holiday Inn Express & Suites San Antonio North Windcrest is available for purchase, offering a renovated property with tax incentives and strong revenue potential.
The Holiday Inn Express & Suites San Antonio North Windcrest is currently listed for sale. The property is located off Interstate 35 North and Walzem Road. It is situated in proximity to several key locations, including the H-E-B Grocers Warehouse and Distribution Center, Joint Base San Antonio-Fort Sam Houston, and other notable sites.
Investment Details
The hotel underwent a complete renovation, with the Property Improvement Plan (PIP) finalized in March 2025. This reduces the need for further improvements by new owners. The property is offered with no property tax payments required until September 2031 due to a city economic incentive. This incentive is structured as a ground lease with an option to purchase the property.
Financial Performance
For the trailing twelve-month period ending in August 2025, the hotel reported approximately $2.9 million in total revenues. It achieved a net operating income margin of 36.0%. The property is offered unencumbered by management, providing an opportunity for a new operator to leverage its existing cash flow and potential market share growth.
Demand Drivers
The hotel benefits from its proximity to various demand generators. These include the H-E-B Grocery Warehouse and Distribution Center, Joint Base San Antonio-Fort Sam Houston, and other local attractions. The area also features a variety of restaurants and mixed-use developments.
Regional Economic Context
San Antonio, with a population exceeding 2.6 million, was the fourth fastest-growing region in the United States in 2024. It is the 25th-largest metropolitan area in the country and the third-largest in Texas. The local economy is supported by industries such as military, tourism, logistics, healthcare, business, and technology. These sectors contribute to a local GDP of $163 billion and maintain a strong job market.
Inquire at CBRE.
