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Investment Highlights
- The Hilton Garden Inn provides a unique opportunity to acquire a lender-owned, institutional-quality asset at a significant discount.
- The hotel is also located just a 10-minute drive from Apple’s new $1 billion, 133-acre Austin campus.
- The property is just a ten-minute drive to the University of Texas’ newly announced UT Dell Medical Center and 300-acre Advanced Research Campus.
Executive Summary
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the lender-owned Hilton Garden Inn in Austin, Texas. This strategically located property offers convenient access to a wide range of corporate demand drivers and leisure attractions, appealing to a diverse guest base in one of the nation’s most dynamic markets.
Property Facts
| Sale Type | Investment | No. Rooms | 138 |
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built | 2002 |
| Building Class | B | Parking Ratio | 1.42/1,000 SF |
| Lot Size | 3.43 AC | Corridor | Interior |
| Building Size | 77,428 SF | ||
| Zoning | CS-1/GR-CO/LR-CO | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.43 AC |
| Building Size | 77,428 SF |
| No. Rooms | 138 |
| No. Stories | 5 |
| Year Built | 2002 |
| Parking Ratio | 1.42/1,000 SF |
| Corridor | Interior |
| Zoning | CS-1/GR-CO/LR-CO |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 138 | $109.00 | - |
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 478318 | Improvements Assessment | $11,706,770 |
| Land Assessment | $1,493,230 | Total Assessment | $13,200,000 |
Property Taxes
Parcel Number
478318
Land Assessment
$1,493,230
Improvements Assessment
$11,706,770
Total Assessment
$13,200,000
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