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
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