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333 Rio Concho Dr San Angelo, TX 76903

Texas Hotel: 164 Keys, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 6,664 square foot hotel property, built in 1966, presents a unique investment opportunity in San Angelo, Texas. Located at 333 Rio Concho Dr, in Tom Green County, zip code 76903 (31.4607066, -100.4300859), this established hotel boasts 164 keys and offers significant upside potential. The property's prime location in San Angelo, a city known for its rich history and vibrant riverwalk, ensures strong demand. The existing structure presents a flexible layout, with the potential for a strategic division into two distinct properties: a 128-room SureStay hotel and a separate 36-room boutique hotel. This dual-branded approach could maximize revenue streams and cater to a wider range of guests. The property's substantial size and established presence provide a solid foundation for future growth and profitability. This is an ideal opportunity for investors seeking a well-positioned hospitality asset in a thriving Texas market. The property's proximity to the Concho River Walk, Fort Concho National Historic Landmark, and the revitalized downtown area with its restored 19th and 20th-century buildings, further enhances its appeal and potential for increased occupancy rates. This is a rare chance to acquire a significant hotel property with substantial redevelopment potential in a desirable location.

Highlights

  • 6,664 SF hotel in San Angelo, TX, built in 1966.
  • Located at 333 Rio Concho Dr, San Angelo, TX 76903.
  • 164-key hotel with significant upside potential.
  • Prime location near the Concho River Walk and downtown.
  • Potential for dual-branded operation (128-room SureStay & 36-room boutique).

Property Details for 333 Rio Concho Dr

Property type
Hospitality properties, Hotels
Square Feet
6,664 SF
Year Built
1966

Location Insight

City
San Angelo
County
Tom Green
State
Texas
Latitude
31.4607066
Longitude
-100.4300859

FAQs

What type of property is this?
Hospitality property - Texas Hotel: 164 Keys, High Potential
Where is the hospitality property located?
The property is located at 333 Rio Concho Dr San Angelo, TX.
What are key features of this property?
This property features: 6,664 SF hotel in San Angelo, TX, built in 1966.; Located at 333 Rio Concho Dr, San Angelo, TX 76903.; 164-key hotel with significant upside potential.
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333 Rio Concho Dr
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