Income approach using estimated NOI and market cap rate for hospitality assets in San Antonio. Sales comparison approach using recent hotel transactions in the area.
203-Room Embassy Suites — Prime La Cantera Hospitality Investment
This modern, purpose-built hospitality asset at 5615 Landmark Parkway is a 203-room Embassy Suites by Hilton property delivered in 2017 and positioned for institutional investors seeking a stabilized cash flowing asset in La Cantera. The single-story, steel-frame building totals approximately 176,718 SF on a 4.63-acre parcel with direct frontage on Landmark Parkway and an ample surface lot that supports roughly 200 guest parking spaces. Interior improvements include a full-service restaurant, meeting and conference facilities, a fitness center, and an outdoor pool — all maintained in excellent condition under long-term branding and professional management.
The property is offered with a long-term NNN lease to Embassy Suites by Hilton San Antonio Landmark (lease commenced 2017) with annual rent escalations and a current monthly rent of $250,000. The lease extends through June 14, 2047, providing a predictable, institutional-style income stream and limited landlord operating responsibilities. Annual property taxes were $832,752 (2024 assessment total $33,778,510), and independent valuation work places market value in the $34M–$36M range with a midpoint of $35M, consistent with recent hotel transactions within the La Cantera corridor.
Location is central to the hotel's demand drivers: The Shops at La Cantera sits just 0.5 mile away, Six Flags Fiesta Texas about 1 mile, and The Rim shopping corridor approximately 1.2 miles — a mix of retail, entertainment and university-driven visitation (UTSA ~2 miles) that supports both leisure and group travel. Landmark Parkway carries strong visibility with an AADT of roughly 25,000 vehicles, creating consistent transient and group exposure for the branded operation.
For investors evaluating hospitality exposures, this asset blends modern construction quality, branded flag recognition, and a long-duration NNN structure. The hotel’s amenity set — meeting rooms, on-site restaurant, fitness center and outdoor pool — keeps it competitive for corporate, extended-stay and leisure segments that feed off nearby retail and entertainment anchors. Prospective buyers should review on-site condition reports and detailed financials (occupancy, ADR, and NOI) as next steps; the property is tenant-occupied and operating, offering an immediate yield profile with room for operational upside if market trends continue to strengthen.
See the properties helping shape the valuation.
Comparable sales
- 282 SF larger
- 3 fewer bedrooms
- 3 fewer bathrooms
- Similar lot size
- 1 year older
- 218 SF smaller
- 7 additional bedrooms
- 7 additional bathrooms
- Similar lot size
- 1 year newer
A 2017 hotel on 4.63 acres.
Building
Site & utilities
La Cantera District
Researched nearby locations
Location
5615 Landmark Parkway, San Antonio, TX 78249
La Cantera is a dynamic retail and entertainment node in northwestern San Antonio anchored by The Shops at La Cantera, The Rim, and nearby Six Flags Fiesta Texas. The district attracts both leisure and group visitation, supported by a growing residential base and proximate employment and university demand from UTSA. Dining and retail options are abundant, travel corridors are convenient (Landmark Parkway/I-10 access), and the area’s demographic profile — higher-than-average household incomes — supports sustained hospitality demand and spending.
Very good regional recreation access with Six Flags Fiesta Texas one mile away, major retail/entertainment at The Shops at La Cantera (0.5 mi) and The Rim (1.2 mi), plus on-site pool and fitness center for guests.
A factual market snapshot around 5615 Landmark Parkway.
La Cantera and the surrounding North San Antonio corridor are demonstrating healthier-than-average fundamentals for hospitality investors. Local market figures show inventory at roughly 2.5 months and average residential days-on-market of 63 — indicators of a supply-constrained market for real estate overall. Recent hotel transactions nearby support a valuation band between $34M and $36M (sale comps at 5700 and 5800 Landmark Parkway recorded at $34M and $36M), confirming appetite for modern, branded product in the submarket. The area has posted 4.5% appreciation year-over-year and approximately 25% over five years, driven by steady population growth, rising incomes (median household income ~$85,000 within one mile) and robust retail/entertainment demand.
For this property type, institutional-grade, branded hotels with strong lease covenants and long-term tenancy continue to attract buyers seeking stable cash flow and defensive assets. The current lease structure (NNN through 2047) offers a de-risked income profile; the asset’s gross rental yield is documented at ~8.6% (based on current rent). Short-term risks include hospitality-wide sensitivity to travel cycles and competition from additional supply, but the submarket’s demand generators — regional retail centers, theme parks and a nearby university — support sustained occupancy. Given tight local inventory and recent comparable sales, now is an opportunistic window for buyers focused on stabilized hospitality investments with predictable cash flow.
General Commercial District
Zoning
Research-indicated uses
- Hotel
- Restaurant
- Retail
- Office
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
What the research supports — and what is still worth verifying.
Key findings
- Assessed value in 2024: $33,778,510
- Annual property taxes: $832,752
- Estimated market value: $34M–$36M
- Located in La Cantera District near major attractions
- Constructed in 2017 with 176,718 SF on 4.63 acres
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm current occupancy rates and average daily rates
- Review detailed financial statements and operational expenses
- Assess competitive landscape and market positioning
- Verify compliance with zoning and land use regulations
- Conduct property inspection to assess physical condition
What stands out about this property.
Interior Features
- 203 guestrooms and suites (brand-standard finishes)
- Full-service on-site restaurant
- Conference and meeting facilities
- Fitness center
- Outdoor guest pool
- Central heating and cooling
- Excellent condition; constructed 2017
Exterior & Lot
- 4.63-acre lot with Landmark Parkway frontage
- Surface parking (~200 spaces)
- Level topography for easy access and circulation
- Steel-frame construction with flat roof
- Direct ingress/egress to Landmark Parkway
Location & Neighborhood
- La Cantera District — proximate to The Shops at La Cantera (0.5 mi)
- Six Flags Fiesta Texas (1 mi) and The Rim Shopping Center (1.2 mi)
- Approximately 2 miles to UTSA
- Northside Independent School District (local school options nearby)
- High visibility corridor with AADT ~25,000 on Landmark Parkway
Walkability & Recreation
- Walkability Rating: 60/100 — Some Walkable Amenities
- Nearby retail and dining at The Shops at La Cantera (0.5 mi)
- Six Flags Fiesta Texas within 1 mile for family recreation
- The Rim shopping/entertainment corridor 1.2 miles away
- Hotel pool and on-site fitness center for guest recreation
- Community recreation and retail anchors support guest activity
Sources & research confidence.
See where the property research came from and how confidence varies by field.