Hampton Inn & Suites Austin
Off-market transaction for a branded, well-located property that will drive outsized value.
Property Type
Hotel
Investment Type
Acquisitions
Brand
Hilton
Date of Investment
Location
Austin, TX
Keys
137
Units
Square Footage
Loan Type
Loan to Value
Loan to Cost
Total Origination
Off-Market Transaction
Peachtree Group's relationships secured a branded, well-located property that will drive outsized value for the investment.
Macroeconomic Tailwinds
Austin has benefitted in recent years from massive population growth, and it continues to attract institutional capital, reinforced by the Urban Land Institute listing the market as the fourth-best overall market for real estate investors for two years running.
Dynamic Location with a Strong Basis
Proximity to UT-Austin Campus, Texas State Capitol and other demand drivers and at$460K/key, it is supported by similar hotels that average $537K/key.
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