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7522 N Interstate 35
Austin, TX 78752

Sonesta Select Austin North Central · Hospitality Property For Sale · 69,238 SF

Investment Highlights

  • 7522 North Interstate 35 is a 69,238-square-foot five-story, 120-room upscale Sonesta Select hotel in Austin, TX.
  • Features oversized guest rooms, a fitness center, an outdoor pool, versatile meeting rooms, well-crafted common areas, a restaurant, and two elevators
  • Opportunity to acquire a hotel in good condition and seamlessly implement a business plan that aligns with their investment strategy.
  • Austin is one of the fastest-growing cities in the United States, with a population of 385,412, and it sees more than 30 million visitors annually.
  • A convenient 15-minute drive from the Austin-Bergstrom International Airport, the Amtrak Austin Station, and Downtown Austin.
  • Located in an opportunity zone that offers potential tax incentives in addition to Texas not having a state income tax.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.06 AC
Building Size 69,238 SF
Number of Floors 5
Year Built/Renovated 1996/2014
Tenancy Single
Parking Ratio 2.03/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wi-Fi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
426072
Land Assessment
£1,363,477
Improvements Assessment
£7,140,439
Total Assessment
£8,503,915

zoning

Zoning Code CS, County
CS, County
  • Listing ID: 27444401

  • Date on Market: 05/01/2023

  • Last Updated:

  • Address: 7522 N Interstate 35, Austin, TX 78752

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