Armada Investments LP Acquires 141-room Aloft San Antonio Airport Hotel For Unspecified Amount

The property involved in this transaction is a 141-room hotel located at 838 Northwest Loop 410 in San Antonio, which operates under the Marriott flag as an Aloft hotel. The asset is categorized as a select-service hotel and is positioned in a growing market with significant development underway in the area.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: Not disclosed
• Address: 838 Northwest Loop 410
• Market: San Antonio
• Asset Keys: 141
• Buyer: Armada Investments LP
• Brokers: Kami Burnette & Mason McDavid - Hunter Hotel Advisors

Kami Burnette and Mason McDavid from Hunter Hotel Advisors represented the seller in this transaction. The buyer, Armada Investments LP, intends to make operational upgrades and complete a property improvement plan, facilitated by the projected increase in demand linked to a $2.5 billion expansion at San Antonio International Airport.