Wednesday, June 15, 2016

Need Austin MSA Hotel Sites- Hotel Developer In Tow- 2.0-2.5 Acre Sites

Buyer Criteria: Hotel Developer

·         Geography: Higher end locations in AustinMSA for Hilton, Marriot, Holiday Inn Express (higher end flags)

·         Size: Typical 2.5 acres, but some flexibility

·         Visibility Preferred Unless at Major Retail Center (like Trails at 620)

·         Price: Typically $12-$16/sf, but higher if location is high demand

·         Action: Local Buyers who can visit site within  48 hours and move quickly

 

Jim Young, CCIM, Broker

Longbow Real Estate Group

West Point ‘94

11701 Bee Caves Road, Ste 250

Austin, TX 78738

jim@longbowRE.com

Twitter: @jimyoungCRE

512-565-7509

Connect With Me On LinkedIn

 

-Closed 66,000 SF Retail Center: ABJ Article-

 

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