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| Hampton Inn & Suites Austin Airport Hotel, Austin, TX (Photo by Red Wing) |
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| Daniel Peek |
DALLAS, TX –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of the Hampton Inn & Suites Austin Airport
Hotel, a 102-room, select-service hotel adjacent to Austin-Bergstrom
International Airport in Austin, Texas.
HFF marketed the property
on behalf of the seller, Pendo Investments.
InLight Capital, LLC purchased the asset and will self-manage the hotel.
Hampton Inn & Suites
Austin Airport Hotel is situated on 2.67 acres at 7712 East Riverside Drive in
southeast Austin near both Austin-Bergstrom International Airport and the
Circuit of The Americas, a domestic and international attraction for the annual
Formula One U.S. Grand Prix and multiple music concerts throughout the year.
The hotel’s proximity to
State Highway 71, U.S 183 and Interstate 35 provides access to downtown Austin,
which is less than six miles from the property, in addition to the greater
Austin area. Completed in 2001, the
Hampton Inn & Suites Austin Airport Hotel underwent extensive renovations
in 2015.
The hotel’s 102 rooms include 18 suites, and
the hotel features an outdoor pool, 440 square feet of meeting space, 24-hour
fitness center, 24-hour business center and complimentary hot breakfast.
The HFF investment sales
team representing the seller was led by senior managing director and head of
HFF’s hotel group Dan Peek, managing
director John Bourret and associate
director Austin Brooks.
For a
complete copy of the company’s news release, please contact:
Kristen M. Murphy
Director, Marketing
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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