281-684-5653
7501 E Ben White Blvd, Austin, TX for Sale
Hospitality - FOR SALE
1/20
null | Request Cap Rate

7501 E Ben White Blvd
Austin, TX 78741
Colorado Crossing


HIGHLIGHTS

  • Rare opportunity for an owner operator to acquire a renovated property with further potential within the highly desirable Austin market.
  • Current ownership completed the brand’s Rise & Shine scheme, a minimal change-of-ownership PIP is expected.
  • Absentee owned, upside for a more hands-on owner operator to improve operations.
  • Located less than three miles from Austin-Bergstrom International Airport (AUS). The airport is experiencing a multibillion-dollar expansion project.
  • There are multiple year-round citywide events that attract over 27.4 million visitors each year, such as SXSW , and Formula 1 racing at COTA.
  • Major companies, such as Tesla, SpaceX, Samsung, Google, Amazon, Meta, Apple, and PayPal, have established substantial operations in the area.

OVERVIEW

For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=152463 HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 84-key Comfort Suites Austin Airport, a recently renovated, limited-service hotel in the highly sought-after Austin market. A more hands-on owner/operator will have the opportunity to acquire a recently renovated hotel asset within the high barriers-to-entry market of Austin, with upside to restructure the hotel’s operations by reducing expenses and improving net operating income (NOI) flow-through.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

84

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Suites Austin Airport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2001

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,635 SF

ZONING

Commercial

APN/PARCEL ID

483322

ASK ABOUT THIS PROPERTY

281-684-5653

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

281-684-5653

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