2700 S Interstate 35

    Austin, TX 78704
    • $8,500,000
    • STATUS: Active
    • ID#: 5340517
    UPDATED: 61 min ago
    $8,500,000
    • 0
      BEDS
    • 0.72
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,833
      SQFT
    • $505
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1985
    County:

    School Ratings & Info

    Description

    Profitable and established hotel business for sale or lease on Austins main thoroughfare IH 35 next to St Edwards University and 10mins from the State Capital. 24 rooms made up of standard, premium and deluxe suits plus an additional 2800sf available for extra rooms, conference or fitness center. The hotel been open since 2014 with over $350K in renovations and includes all furniture & fixtures, all permits and up-to-date inspections. Lease options include Hotel Business, whole building or 1/2 floors.

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    © 2018 Austin/Central Texas Realty Information Service. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-06-24T17:24:52.937.
    www.greateraustinhomes.com/homes/80300153

    2700 S Interstate 35 Austin, TX 78704

    • Price: $8,500,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: 5340517
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.72
    Acres
    16,833
    SQFT
    $505
    $/SQFT
    1985
    Built
    Neighborhood:
    Oltorf Village South
    County:
    Travis
    Area:
    Austin - South
    Property Description
    Profitable and established hotel business for sale or lease on Austins main thoroughfare IH 35 next to St Edwards University and 10mins from the State Capital. 24 rooms made up of standard, premium and deluxe suits plus an additional 2800sf available for extra rooms, conference or fitness center. The hotel been open since 2014 with over $350K in renovations and includes all furniture & fixtures, all permits and up-to-date inspections. Lease options include Hotel Business, whole building or 1/2 floors.
    Exterior Features

    Construction Stucco Veneer Foundation Details Slab Freeway Highway Distance Frontage Land Area Measurement 0.72400000000000 Land Area Type Acreage Land Description See Agent Num Buildings 1 Num Parking Spaces 27 Num Pools 0 Parking On-Site ParkingPrivate Lot Parking Ratio 1.60 Road Frontage Desc Interstate Street Surface Paved/Curbed/GuttersPublic Maintained Road Street Traffic Count Over 200001 Topography Sloping View City Water Access No Waterfront No

    Interior Features

    Air Conditioning Central AirMini-Split System Elevators 1 Flooring CarpetConcreteTile - Hard Gross Building Sq Ft 16833 Heating Central Heat Interior Ceiling Height Multiple Heights Interior Walls Sheet Rock Net Rentable Area 14033 Num Offices 1 Num Toilets Restrooms 28 Tot Apx Net Rent Spc 14033 Tot Apx Net Rent Spc Desc Tax Record

    Property Features

    Auction YN No Current Building Use Hotel/MotelOffice EES No Equipment Features Available AppliancesColumnsComputer ReadyDelivery DoorFirewall(S)FixturesFurnitureOpen SpacePassenger Elevator(S)Private RestroomsPublic ElevatorShowers - OfficeSign-Freestanding Fema Hundred Yr Flood Plain No Foreclosure REO No Gross Building Sq Ft Source Appraiser Handicap Amenities Elevator Land Area Source Appraiser Lease Type Triple Net Listing Financing CashConventionalLease Purchase Multi Zoning No Net Rentable Area Source Owner Occupancy Pct 100 Property Sub Type Office Bldg Rail Service No Renovation Year 2014 Separate Meter See Agent Sewer City On Property Tax Actual 45387.00 Tax Amount 45387.00 Tax Rate 2.21399000000000 Tax Year 2017 Tot Apx Sq Ft Land Desc Appraiser Tot Apx Sqft Bldg Desc Tax Record Upgraded Energy Efficient No Utilities Electricity Available Water Source City Year Built Exception Resale

    Property listed by Keller Williams Legacy.


    © 2018 Austin/Central Texas Realty Information Service. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-06-24T17:24:52.937.
     
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