For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=152463
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 84-key Comfort Suites Austin Airport, a recently renovated, limited-service hotel in the highly sought-after Austin market. A more hands-on owner/operator will have the opportunity to acquire a recently renovated hotel asset within the high barriers-to-entry market of Austin, with upside to restructure the hotel’s operations by reducing expenses and improving net operating income (NOI) flow-through.
PRICE REDUCTION: $8,950,000
Ownership is motivated to sell the property and has agreed to reduce the price to $8,950,000, or $106,500 per key (rounded). Please contact James Rebullida for more details.