1315 E New Hope Dr | Cedar Park, TX 78641
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- LoopNet Team
1315 E New Hope Dr
Cedar Park, TX 78641
Hyatt Place Austin / Cedar Park · Hospitality Property For Sale
·
81,525 SF
INVESTMENT HIGHLIGHTS
- The hotel is likely to trade at a discount to replacement cost due to high construction costs and strict market regulations.
- The Hyatt Place is located just a five-minute drive from the incoming massive 117-acre mixed-use project anchored by Nebraska Furniture Mart.
- The property is offered fully unencumbered by management and debt.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built | 2018 |
| Building Class | B | Parking Ratio | 1.56/1,000 SF |
| Lot Size | 2.59 AC | Corridor | Interior |
| Building Size | 81,525 SF | ||
| Zoning | GB | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.59 AC |
| Building Size | 81,525 SF |
| No. Stories | 5 |
| Year Built | 2018 |
| Parking Ratio | 1.56/1,000 SF |
| Corridor | Interior |
| Zoning | GB |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Number | R557814 | Improvements Assessment | $8,243,725 |
| Land Assessment | $2,906,275 | Total Assessment | $11,150,000 |
PROPERTY TAXES
Parcel Number
R557814
Land Assessment
$2,906,275
Improvements Assessment
$8,243,725
Total Assessment
$11,150,000
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