713-577-1760
1315 E New Hope Dr, Cedar Park, TX for Sale
Hospitality - FOR SALE
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1315 E New Hope Dr
Cedar Park, TX 78641


HIGHLIGHTS

  • The hotel is likely to trade at a discount to replacement cost due to high construction costs and strict market regulations.
  • The property is offered fully unencumbered by management and debt.
  • The Hyatt Place is located just a five-minute drive from the incoming massive 117-acre mixed-use project anchored by Nebraska Furniture Mart.

OVERVIEW

CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Hyatt Place in Cedar Park, Texas. The Property is located off Route 183A, just minutes away from popular destinations such as HEB Center Cedar Park, The Parke shopping center, Haute Spot event venue, The Crossover sports, and several restaurant and recreation area. Thanks to this prime location, the Hyatt Place receives business from a diverse population of both corporate and leisure travelers.

FOR SALE DETAILS

PRICE

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# OF ROOMS

137

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hyatt Place Austin/Cedar Park

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2018

PARKING SPACES

127

LAND DETAILS

LAND ACRES

2.59 AC

LAND SF

112,858 SF

ZONING

GB

APN/PARCEL ID

R557814

ASK ABOUT THIS PROPERTY

Michael YuCBRE, Inc.More Info
713-577-1760

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Michael YuCBRE, Inc.More Info
713-577-1760

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.