Extended-stay hotel near UTSA could be converted to apartments
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Mountain Classic Real Estate wants to convert a Staybridge Suites hotel near the University of Texas at San Antonio to apartments.Madison Iszler / San Antonio Express-News
An extended-stay hotel near the University of Texas at San Antonio’s main campus could be converted to housing catering to students.
Mountain Classic Real Estate is under contract to buy the Staybridge Suites at 6919 N. Loop 1604 West from La Cantera Hospitality Inc. for an undisclosed price. It plans to turn the 118-room hotel into apartments.
Such redevelopment has become more common as the COVID-19 pandemic upended the hospitality industry, a major sector in San Antonio.