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US: CBRE Hotels is marketing the 117-room TownePlace Suites San Antonio Downtown Riverwalk at a “significant discount to replacement cost”.
TownePlace Suites San Antonio is housed in a restored historic building that formerly served as the Neisner Department Store. It was converted into a hotel in 2010.
The property is being offered “at a significant discount to replace cost”. While the site is affiliated with Marriott, it is being marketed unencumbered by management.
CBRE notes that the acquisition would offer a “unique opportunity for a buyer to implement a tailored business strategy that enhances the hotel’s competitive positioning and operational efficiency, driving meaningful revenue and profit growth”.
For the trailing-twelve-month period ending December 2025, the property posted a top line revenue of $4 million with NOI at $626,000, representing a 15.8 per cent margin.
It is located within walking distance of the San Antonio River Walk and the Alamo Plaza Historic District.
According to CBRE’s website, the firm is marketing additional extended stay hotels including Staybridge Suite Indianapolis Downtown – Convention Center; Hyatt House Irvine John Wayne Airport; Candlewood Suites Warner Robins AFB, and more.
Highlights:
CBRE Hotels is marketing the 117-room TownePlace Suites San Antonio Downtown Riverwalk at a significant discount to replacement cost.
The hotel sits within walking distance of the San Antonio River Walk and the Alamo Plaza Historic District.
Although affiliated with Marriott International, the property is being offered unencumbered by management.
It generated $4 million in trailing 12-month revenue through December 2025, with NOI of $626,000 (15.8 per cent margin).