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Investment Highlights
- The Fairfield Inn & Suites is currently institutionally-owned and managed, allowing a more hands-on operator to drive value.
- The hotel is located just a 10-minute drive from Apple’s new $1 billion, 133-acre Austin campus.
- The Fairfield Inn & Suites is available to be acquired alongside the adjacent Staybridge Suites as a two-asset portfolio.
Executive Summary
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Fairfield Inn & Suites 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 | 84 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2014 |
| Building Class | B | Parking Ratio | 1.88/1,000 SF |
| Lot Size | 1.86 AC | Corridor | Interior |
| Building Size | 49,034 SF | ||
| Zoning | MF3 | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.86 AC |
| Building Size | 49,034 SF |
| No. Rooms | 84 |
| No. Stories | 4 |
| Year Built | 2014 |
| Parking Ratio | 1.88/1,000 SF |
| Corridor | Interior |
| Zoning | MF3 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 18 | $141.00 | - |
| Guest Room | 66 | $121.00 | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R413820 | Improvements Assessment | $2,649,586 |
| Land Assessment | $2,100,414 | Total Assessment | $4,750,000 |
Property Taxes
Parcel Number
R413820
Land Assessment
$2,100,414
Improvements Assessment
$2,649,586
Total Assessment
$4,750,000
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