facebook
Traded Co logo
Submit

Pacific Hospitality Group Acquires Austin Hotel On Capital Of Texas Highway

Property Image
SOLD

Texas

See Similar Deals
Office217,000 SF
Sold 12/23/2020
the dealplayerscompscontact
Property Image
SOLD

Pacific Hospitality Group Acquires Austin Hotel On Capital Of Texas Highway

320 South Capital of Texas Highway, Austin, TX, USA

See Similar Deals
Office217,000 SF
Sold 12/23/2020
Contact now

Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:217,000 SF
Transaction Type:Sale

The hotel located at 320 S. Capital of Texas Highway in Austin was recently sold. The transaction took place on December 23, 2020. The property spans a total square footage of 190,000 and consists of 194 keys. John Nugent and Parker Sherrill from JLL brokered the deal.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: Not mentioned

Pacific Hospitality Group, represented by Tim Busch, acquired the hotel. Tim Busch is affiliated with Pacific Hospitality Group. The brokerage services for this transaction were provided by John Nugent and Parker Sherrill from JLL.

Players

John Nugent
11 deals$62M volume
BROKER

Parker Sherrill
Newmark
3 deals
BROKER

Details

SOLD
IMAGE: John Nugent & Parker Sherrill⁠ DATE: 12/23/2020⁠ ADDRESS: 320 S. Capital of Texas Highway⁠ MARKET: Austin⁠ ASSET TYPE: Hotel⁠ SF: 190,000⁠ KEYS: 194⁠ ⁠ BUYER: Pacific Hospitality Group - Tim Busch⁠ BROKERS: John Nugent & Parker Sherrill - JLL⁠

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
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