1701 E Saint Elmo Rd | Austin, TX 78744
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- LoopNet Team
1701 E Saint Elmo Rd
Austin, TX 78744
Quality Suites Austin, TX · Hospitality Property For Sale
·
29,580 SF
INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire a hotel asset within the high barriers-to-entry market of Austin.
- Great upside exists for a more “hands-on” operator to restructure the hotel’s operations to maximize NOI flow-through.
- The hotel’s trailing-twelve-month (TTM) rooms revenue equated to $1,500,000 (rounded) as of July 2023.
- Property benefits from very good visibility off the frontage road along Interstate 35, within a ten-minute drive of Downtown Austin and AUS Airport.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1999/2009 |
| Building Class | B | Parking Ratio | 1.86/1,000 SF |
| Lot Size | 1.48 AC | Corridor | Interior |
| Building Size | 29,580 SF | ||
| Zoning | GR-CO-NP | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.48 AC |
| Building Size | 29,580 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1999/2009 |
| Parking Ratio | 1.86/1,000 SF |
| Corridor | Interior |
| Zoning | GR-CO-NP |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Number | 465061 | Improvements Assessment | $3,164,692 |
| Land Assessment | $965,070 | Total Assessment | $4,129,762 |
PROPERTY TAXES
Parcel Number
465061
Land Assessment
$965,070
Improvements Assessment
$3,164,692
Total Assessment
$4,129,762
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