Renovated in Q1-2025, this market leading hotel in NW Austin City of Cedar Park (3rd largest Austin suburb) has been meticulously maintained since opening in late 2016. Located next to Costco in the heart of Cedar Park Town Center (NWQ 183-A / Hwy 1431) and 1-mile from the 118-acre NFM development (delivering 2026) with over 1M SF. Cedar Park has growing corporate presence in the aerospace, med-tech and other high growth industries. Entertainment venues nearby include the HEB Center, Haute Spot Venue, and Spare Birdie Public House. There is a healthy mix of leisure, corporate and group demand that provides solid occupancy and substantially above-market average daily rate. The beautiful, outdoor saltwater pool, large hot tub and fire-wall lounge are guest delighters. The thoughtfully designed, full-service SHS Bar generates revenue and ADR lift. A minimal PIP is expected for a Marriott-approved license transfer to a new owner. The hotel is located on the City's hike/bike trail system and Town Center Lake. The trail around the lake is ~1.1 mile.
Hotel has won multiple awards from Marriott over the years. Currently this hotel carries a 4.6/5 from Marriott-verified Guest Reviews (highest in Austin MSA).
Broker is partial owner. Do not contact property directly under any circumstances.
Denman Properties is also marketing the 120-rm Residence Inn site located at 1410 Main Street, Cedar Park, TX 78613. Properties could be purchased together.