Iconic Hotel Ella, USA, Austin, TX, Ownprop
Property Type : Hospitality
Condition : Sold Out
Price per Token :  $10,000
Return Cash (exp) ? : 7.80%
Return IRR (exp) ? : 19.70%
Total Property Size : 47 units

 

Iconic Hotel Ella Near The University of Texas
This 47-unit boutique hotel was purchased at a low basis when the hospitality industry was reeling from COVID. Hotel Ella has already seen significant recovery, and will continue to appreciate with the explosive growth in the Austin market.

THE DEAL

Unbeatable Location

Unbeatable location near UT Austin’s Campus, nightlife and dining options.

Iconic Texas Landmark

Boutique hotel set within a refurbished manor house dating back to 1900.

Significant Upside

Projected IRR of 19.5% and stabilized cash on cash of almost 9%.

 

 

 

 

Disclaimer: Information Sourced from External Platforms

The information provided on this page is sourced from the respective Real Estate Token platforms homepage. We make every effort to ensure the accuracy and reliability of the information presented, but we cannot guarantee its completeness or timeliness. This website contains data, images, and descriptions that are subject to copyright and intellectual property rights of third parties. We do not claim ownership of the information displayed and acknowledge the rightful ownership of the respective content by the original sources. If you are a rights holder and believe that your content has been used inappropriately, please contact us immediately for resolution. We are committed to addressing any concerns and ensuring compliance with copyright laws. Please note that the availability, prices, and details of properties may change, and it is advisable to verify the information independently before making any decisions based on the content provided on this platform.

Features
Related Listings