K&K Hotel Group Acquires La Quinta Inn & Suites In Austin For Undisclosed Amount

The 128-room La Quinta Inn & Suites by Wyndham Austin Southwest hotel in Austin has been sold in a transaction brokered by CBRE. The hotel, located at 4424 South Mopac Expwy, was purchased by Nupen Patel of K&K Hotel Group. The seller, Highgate, was represented by Rahul Bijlani and Michael Yu, also of CBRE.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: N/A
• Address: 4424 South Mopac Expwy, Austin
• Market: Austin
• Key Count: 128

This transaction involved the sale of the La Quinta Inn & Suites by Wyndham Austin Southwest hotel. Nupen Patel, representing K&K Hotel Group, acquired the property from Highgate. The transaction was facilitated by Rahul Bijlani and Michael Yu of CBRE. It's worth noting that K&K Hotel Group handled the transaction independently, while CBRE represented Highgate, the seller.