PROPERTY OVERVIEW

HUNTER HOTEL ADVISORS has been exclusively retained to solicit offers to acquire the 139-room HomeTowne Studios Austin West. The hotel is strategically located proximate to major corporate campuses, sporting facilities, and key attractions in the Austin area. This property is less than 10 minutes from significant corporate demand including the Apple Campus, SunPower, Dell and Samsung. The University of Texas at Austin, Tesla and Oracle also drive notable demand to the hotel. 

Investment Highlights:

• Fee-simple interest in an Institutionally-owned, extended stay hotel
  
  
• The Hotel is institutionally managed, providing the buyer the opportunity to complete the PIP and capitalize on a implementing a strategy to increase RevPAR and NOI margins.
  
  
• Muted supply pipeline: Per CoStar as of July 2024, there are no hotels proposed nor under construction in the NW Austin submarket