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Marcus & Millichap Sells 86-Room Best Western Plus In Austin With Rep Chris Gomes & Allan Miller
SOLD
Texas
See Similar DealsHotel
Sold 02/26/2025
SOLD
Marcus & Millichap Sells 86-Room Best Western Plus In Austin With Rep Chris Gomes & Allan Miller
2021 Cheddar Loop
See Similar DealsHotel
Sold 02/26/2025
Summary
TEXAS
Asset Type:Hotel
Transaction Type:Sale
The property involved in this transaction is an 86-room hotel located at 2021 Cheddar Loop Road, which is the Best Western Plus in North Austin. The asset encompasses 2.7 acres of land and is positioned in the Austin market.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Not disclosed
- Address: 2021 Cheddar Loop Road - Best Western Plus
- Market: Austin
- Keys: 86
- Acres: 2.7
Allan Miller and Chris Gomes from Marcus & Millichap brokered the sale, representing both the anonymous seller and buyer in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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