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1943 Medical Dr
Lakeway, TX 78734
La Quinta Inn & Suites by Wyndham Lakeway · Hospitality Property For Sale
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30,056 SF
Investment Highlights
- Four-Story, 104-Room, Wyndham Branded Hotel with Banquet/Wedding Space
- Located 19 Miles from Downtown Austin TX and 25 miles from Austin-Bergstrom International Airport
- Nearby Attractions include the Baylor Scott & White Medical Center Lakeway, Lake Travis, and the Hill Country Galleria
- Offered Significantly Below Replacement Cost in a High Barrier to Entry Market
- Encumbered by Land Lease
- Close Proximity to Major Technology Companies, including Dell Technologies, NXP Semiconductors, IBM, Samsung, Google, Facebook, Amazon, and eBay
Property Facts
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2020 |
| Building Class | B | Parking Ratio | 3.1/1,000 SF |
| Lot Size | 21.07 AC | Corridor | Interior |
| Building Size | 30,056 SF | ||
| Zoning | PUD | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 21.07 AC |
| Building Size | 30,056 SF |
| No. Stories | 4 |
| Year Built | 2020 |
| Parking Ratio | 3.1/1,000 SF |
| Corridor | Interior |
| Zoning | PUD |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 845924 | Improvements Assessment | $42,179,973 |
| Land Assessment | $9,164,588 | Total Assessment | $51,344,561 |
Property Taxes
Parcel Number
845924
Land Assessment
$9,164,588
Improvements Assessment
$42,179,973
Total Assessment
$51,344,561
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