Available
Independent
ListingsAustin, TX
Holiday Inn Express Austin North Central. Austin, TX.
Available
- 124 keys
- Select Service
- IHG
- 2015 / 2022
- Keys
- 124
- Brand
- IHG
- Chain Scale
- Select Service
- Year Built
- 2015
- Year Renovated
- 2022
- ADR
- $162
- RevPAR
- $124
- Occupancy
- 76%
- Asking Price
- $24,500,000
- Encumbrance
- Encumbered (IHG franchise through 2035)
- Mgmt / Franchise
- IHG (franchise)
- Call for Offers
- February 28, 2026
Opportunity Overview
Position. Why this asset, now.
A 124-key Holiday Inn Express in Austin's North Central submarket, three miles from The Domain and adjacent to Highway 183 with 168,000 vehicles per day. The asset was completed in 2015 to current IHG Formula Blue prototype and completed a $1.4M soft-goods PIP in 2022 — putting the next franchise-required PIP outside any reasonable hold.
The sale offers a stabilized select-service hotel inside Austin's tightest submarket for new supply. PIP-light, brand-protected, and underwritten conservatively at trailing-twelve numbers.
Domain-adjacent. 3 miles from Austin's #1 office and retail submarket.
PIP-light. 2022 soft-goods refresh; next required PIP not until 2030.
Franchise long. IHG license through 2035 — full term assumable.
76% occupancy. Strong corporate and crew-room contract base.
183 visibility. 168K daily vehicle count, full pylon signage.
Gallery
See the asset. 24 photos in the full gallery.
Full gallery and OM available on request.
Location
Where the asset sits.
Address
8901 Business Park DriveAustin, TX
Demand drivers
- Three miles to The Domain
- Adjacent to Hwy 183, 168K daily vehicle counts
- ABIA airport 12 miles southeast
Austin, TX
