323-251-4364
2607 S I-35, Austin, TX for Sale
Hospitality - FOR SALE
1/9
null | Request Cap Rate

2607 S I-35
Austin, TX 78741
Parker Lane


HIGHLIGHTS

  • I-35 Frontage & Signage: Prominent frontage along I-35 with existing street facing signage.
  • Hotel or Redevelopment Opportunity: 1.001 Acres positioned for Potential for renovation, repositioning, or redevelopment.
  • Existing Improvements & Parking: Two, two story buildings totaling approximately 11,923 SF and approximately 38 surface parking spaces.

OVERVIEW

Opportunity to acquire an existing hospitality property situated on approximately 1.001 acres along the I-35 corridor in Austin. The property consists of two, two-story buildings totaling approximately 11,923 SF, with an exterior-corridor layout and approximately 38 surface parking spaces. The existing hotel improvements include guest rooms with private bathrooms and individual PTAC units, along with office, laundry, maintenance, and other support areas. The property presents a value add opportunity for renovation, repositioning, or rebranding of the existing hotel operation. Alternatively, the approximately 43,604 SF site offers potential for future redevelopment or an alternative uses. The property's location along I-35 provides strong visibility and convenient access to the surrounding Austin market. Buyer to independently verify building area, room count, acreage, zoning, permitted uses, development capacity, and all other property information.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

42

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park West Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1980

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,794 SF

ZONING

GR-NP

APN/PARCEL ID

287463

ASK ABOUT THIS PROPERTY

Jake JosephCompass RE Texas, LLC.More Info
323-251-4364

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Jake JosephCompass RE Texas, LLC.More Info
323-251-4364

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