Host Hotels & Resorts Inc. Acquires Hotel In Austin For $161M

208 Barton Springs Road

Hotel

1,215 SF

Sold 1 year ago

Summary

Sale

TEXAS

Hotel

1,215 sqft

An Austin hotel located at 208 Barton Springs Rd has been sold for $161 million. The property, situated on 6 acres, was purchased by Host Hotels & Resorts Inc. The transaction was completed on 03/17/2021.

Summary of transaction details

Property Type: Hotel
Sale Price: $161,000,000
Address: 208 Barton Springs Rd
Market: Austin

James Risoleo, the President and CEO of Host Hotels & Resorts Inc., represented the buyer in this deal. The hotel property spans over 6 acres and includes 448 keys. The price per key is $359,375, and the price per acre is $26,833,333.

Details

Deal Summary

SOLD

IMAGE: James Risoleo DATE: 03/17/2021 ADDRESS: 208 Barton Springs Rd MARKET: Austin ASSET TYPE: Hotel BUYER: Host Hotels & Resorts Inc. - James Risoleo SALE PRICE: $161,000,000 KEYS: 448 ~ PPK: $359,375 ACRES: 6 ~ PPA: $26,833,333

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Address208 Barton Springs Road

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