
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.
Off-market transaction for a branded, well-located property that will drive outsized value.