La Quinta Inn & Suites Round Rock North | 2004 IH-35 N
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La Quinta Inn & Suites Round Rock North 2004 IH-35 N
116 Room Hotel Round Rock, TX 78664 For Sale
Investment Highlights
- The La Quinta underwent an extensive renovation from mid-2022 to April 2024, consequently losing 22,193 room nights and a large amount of revenue.
- The hotel is close to Dell Technologies’ Corporate HQ, the 6th largest company in Texas by total revenue and one of the area’s biggest employers.
- As of May 2024 TTM, the La Quinta Round Rock East’s RevPAR is 90% higher and the nearby Hampton Inn’s RevPAR is 77% higher than the Subject Property.
Executive Summary
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the La QuintaInn & Suites in Round Rock North, Texas. The 116-room hotel is located off Interstate 35, near Apple Campus, Dell’s corporate headquarters, and St. David’s Medical, in Round Rock, one
of the fastest growing cities in the nation, and one of the best-managed cities in Texas.
of the fastest growing cities in the nation, and one of the best-managed cities in Texas.
Property Facts
| Sale Type | Investment | Building Size | 64,828 SF |
| Property Type | Hospitality | No. Rooms | 116 |
| Property Subtype | Hotel | Number of Floors | 3 |
| Building Class | B | Year Built/Renovated | 1986/2024 |
| Lot Size | 2.89 AC | Corridor | Interior |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.89 AC |
| Building Size | 64,828 SF |
| No. Rooms | 116 |
| Number of Floors | 3 |
| Year Built/Renovated | 1986/2024 |
| Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wi-Fi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 116 | £73.63 | - |
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PROPERTY TAXES
| Parcel Number | R081539 | Improvements Assessment | £3,116,264 |
| Land Assessment | £2,262,481 | Total Assessment | £5,378,746 |
PROPERTY TAXES
Parcel Number
R081539
Land Assessment
£2,262,481
Improvements Assessment
£3,116,264
Total Assessment
£5,378,746
zoning
| Zoning Code | C-1 |
| C-1 |
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La Quinta Inn & Suites Round Rock North | 2004 IH-35 N
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