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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%.
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