San Marcos Embassy Suites
A hotel property in San Marcos, Texas. Securitized in 1 CMBS deal in 2024.
$74.8MAppraised value (latest deal)
73.3%Occupancy
$7.7MUnderwritten NOI
10.3%Implied cap rate
- Address
- 1001 East McCarty Lane, San Marcos, TX 78666
- Property type
- Hotel · Full Service
- Year built
- 2008
- Size
- 283 Rooms
- Sponsor
- Atrium Holding Company
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| WFCM 2024-5C2 | 2024-11-19 | $74.8M | 73.3% | $7.7M | 10.3% | $2.2M | 32.1% | 4.17x | 424B |
Historical NOI reported in WFCM 2024-5C2
| Period ending | NOI |
|---|---|
| 8/31/2024 | $7.6M |
| 12/31/2023 | $7.2M |
| 12/31/2022 | $6.3M |
More CMBS properties in Texas →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.