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Holiday Inn San Antonio North Stone Oak Area – Image Credit IHG Hotels & Resorts
The Holiday Inn San Antonio North Stone Oak presents a significant investment opportunity due to its ongoing renovations and location in a rapidly expanding community, with stabilized revenues anticipated in 2027 to exceed $3 million.
The Holiday Inn San Antonio North Stone Oak, situated in the rapidly growing northern San Antonio, Texas, region, is currently being presented as an investment opportunity. The full-service hotel, boasting 111 rooms, is being marketed by HVS Brokerage & Advisory. The property’s potential is significant due to its recent renovations and potential to restructure operations to enhance cash flows.
The hotel’s current ownership has faced challenges with multiple management companies, employee retention, and sales efforts, leading to a decline in revenues. Despite these issues, the hotel’s total revenues for the year-to-date period through February 2025 increased by 14.4%. The trend is expected to continue as more rooms become available post-renovation.
The property is undergoing extensive renovations, with the first-, third-, and fourth-floor guestrooms already refurbished. The second-floor guestrooms, lobby, and dining area are currently under renovation. These renovations have limited guestroom availability, affecting the hotel’s ability to renew corporate long-term contracts and leading to revenue loss to competitors.
Despite these challenges, the hotel is expected to generate over $3.1 million in room revenue, thanks to its strong submarket and the anticipated return of rooms post-renovation. This suggests a stabilized room revenue of over $3 million, with a net operating income (NOI) flow-through of over $1 million.
The hotel is located in Stone Oak, a rapidly expanding, upscale, master-planned community witnessing significant residential and commercial growth. This region’s growth is supported by data from a fourth-quarter Cushman & Wakefield office-market report, which registered one of the lower vacancy rates in San Antonio.
An investor can anticipate a new, long-term license agreement with InterContinental Hotels Group (IHG) upon acquisition and approval. Given the ongoing renovations, a minor change-of-ownership property improvement plan (PIP) is expected as part of the franchise transfer. This provides an opportunity to acquire the property at a price well below replacement cost, at $110,000 per key.
The hotel is positioned near a dense commercial development corridor, with proximity to various commercial and leisure demand generators. The property is free of any management encumbrances, offering an investor the flexibility to revamp operational strategies.
This detailed analysis underscores the significant potential of the Holiday Inn San Antonio North Stone Oak as a promising investment opportunity, with the prospect of robust returns following the completion of ongoing renovations and strategic operational adjustments.
Inquire at HVS.
