Hotel For Sale • 52,380 SF
| 132-room, two-story, La Quinta Inn and a restaurant that sits on 3 acres of land on a hard corner that is located in a prime location. |
| Underperforming Nearby Competitors’ RevPAR by $20-$30 - The property is absentee-owned and operated by an owner located out of state. |
| Current below-market lease runs out in November. Restaurant is approximately 5,000 SF. The market rent is estimated to be around $175,000 annually. |
| Minutes to Downtown Austin - The hotel is situated close to the Oracle Austin Campus (1.7 miles), Google (2.9 miles), and Meta (2.9 miles). |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Austin (Texas Eagle - Amtrak) | 8 min | - | 4.1 mi |
| Airport | Drive | Walk | Distance |
| Austin-Bergstrom International | 19 min | - | 8.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 121 |
| Type: | Surface |
| Included in Rent: | Yes |