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Hampton Inn & Suites Austin Cedar Park 10811 Pecan Park Blvd 71 Room Hotel Austin, TX 78750 For Sale
Investment Highlights
- Expected to trade at a discount to replacement cost given the market’s high barrier to entry driven by high construction cost & stringent regulations.
- $25.5M Enovis medical facility approved in Cedar Park, bringing 162 jobs and reinforcing the area’s growing life sciences and tech presence.
- The hotel will be delivered unencumbered of management. This presents significant potential upside for a more hands-on operator.
- 10 minutes from Apple’s new $1B Austin campus, home to up to 15,000 employees, boosting long-term tech-driven lodging demand.
Executive Summary
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Hampton Inn & Suites in Austin, Texas. The hotel benefits from strong demand driven by its proximity to Lakeline Mall, the Austin Aquarium, Avery Ranch Golf Club, Lake Travis, Riata Trace and Amber Oaks business parks, The Domain, Cedar Park Regional Medical Center, the H-E-B Center at Cedar Park, Round Rock Sports Center, Dell Diamond, Q2 Stadium, and broader regional drivers such as UT Austin, major tech employers, and citywide events including SXSW, Austin City Limits, and Formula One. This offering represents a unique opportunity to acquire a premium limited-service asset with significant potential for value enhancement in a thriving submarket of Austin, Texas.
Property Facts
| Sale Type | Investment | No. Rooms | 71 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2007/2021 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.69 AC | Parking Ratio | 2.21/1,000 SF |
| Building Size | 38,021 SF | Corridor | Interior |
| Zoning | MU3A | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.69 AC |
| Building Size | 38,021 SF |
| No. Rooms | 71 |
| No. Stories | 3 |
| Year Built/Renovated | 2007/2021 |
| Tenancy | Single |
| Parking Ratio | 2.21/1,000 SF |
| Corridor | Interior |
| Zoning | MU3A |
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 | 24 | $198.99 CAD | - |
| Guest Room | 47 | $129.48 CAD | - |
Property Taxes
| Parcel Number | R544517 | Improvements Assessment | $3,948,006 CAD |
| Land Assessment | $2,866,693 CAD | Total Assessment | $6,814,700 CAD |
Property Taxes
Parcel Number
R544517
Land Assessment
$2,866,693 CAD
Improvements Assessment
$3,948,006 CAD
Total Assessment
$6,814,700 CAD
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Hampton Inn & Suites Austin Cedar Park | 10811 Pecan Park Blvd
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