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.