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77 Northeast Loop 410

Richard Singleton Of Scenic Capital Advisors Acquires 367-Room Marriott Hotel In San Antonio For $36.8M
FINANCEDHotel

Richard Singleton Of Scenic Capital Advisors Acquires 367-Room Marriott Hotel In San Antonio For $36.8M

77 Northeast Loop 410

$36,800,000

Building Size

Asset Type

Hotel

Closing

Jun 11, 2026

AI

The asset involved in the transaction is a 367-room hotel located at 77 Northeast Loop 410 in San Antonio, TX. It was previously repositioned from a Holiday Inn through a renovation in 2019, costing approximately $36 million. The property was most recently appraised at $41.5 million.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $36.8 million
  • Address: 77 Northeast Loop 410
  • Market: San Antonio, TX
  • Lender: Frost Bank
  • Landlord: Richard Singleton - Scenic Capital Advisors
  • Previous Owner: Bricton Group
  • Appraised Value: $41.5 million

Richard Singleton represented Scenic Capital Advisors in the acquisition of the Marriott San Antonio Airport hotel, financed through a loan from Frost Bank. The investment emphasizes the strategic positioning of the hotel adjacent to the airport, catering to travel demands.

Players

Frost Bank
Frost BankLender

Loop Hotel Market Snapshot

Boundary boundary · Hotel · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.43%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93