713-577-1760
323 Ed Schmidt Blvd, Hutto, TX for Sale
Hospitality - FOR SALE
1/10
null | Request Cap Rate

323 Ed Schmidt Blvd
Hutto, TX 78634
Far Northeast


HIGHLIGHTS

  • The hotel went through a complete Formula Blue renovation in 2021. It is in excellent condition with minimal PIP improvements needed for new owners.
  • Third-Party Management with Significant Upside - This project presents substantial upside potential for a new owner to enhance operational efficiency.
  • The hotel is located just 5 miles from the 188-acre Hutto Mega TechCenter, a new Class A industrial park that is slated for completion in 2026.
  • Hutto is a rapidly growing city located NE of Austin. Hutto has seen significant development in recent years, attracting new residents and businesses.

OVERVIEW

CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Holiday Inn Express & Suites in Hutto, Texas. The property is proximate to multiple hotel demand generators, including Dell Diamond, Kalahari Resorts Waterpark, Old Settlers Park, Historic Georgetown, the Star Ranch Golf Course, the Round Rock Outlet Mall, the Circuit of The Americas Race Track, Typhoon Texas Water Park, and Hutto Mega TechCenter. Thanks to this prime location, the hotel receives business from a diverse population of both business and leisure clientele.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

60

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Austin NE-Hutto

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2008

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,951 SF

ZONING

Commercial

APN/PARCEL ID

R480803

ASK ABOUT THIS PROPERTY

Michael YuCBRE, Inc.More Info
713-577-1760

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Michael YuCBRE, Inc.More Info
713-577-1760

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