The Holiday Inn Express & Suites in Hutto, Texas, is now open for acquisition offers. It promises potential buyers a valuable opportunity due to its proximity to major attractions and the rapid growth of the local area.

CBRE Hotels has recently announced its intent to accept acquisition offers for the Holiday Inn Express & Suites in Hutto, Texas. Positioned in a prime location, the property offers access to various attractions, including the Dell Diamond, the Kalahari Resorts Waterpark, Old Settlers Park, Historic Georgetown, and the Star Ranch Golf Course. Additionally, the hotel is near the Round Rock Outlet Mall, the Circuit of The Americas Race Track, Typhoon Texas Water Park, and the Hutto Mega TechCenter.

The Holiday Inn Express & Suites recently underwent a comprehensive Formula Blue renovation in 2021, reducing the need for new owners to invest in significant Property Improvement Plan (PIP) improvements. The hotel’s excellent condition is a major selling point, as it reduces the potential expenses and effort required by a new owner.

Another appealing aspect of this property is the opportunity for new ownership to optimize the hotel’s operational efficiency. The hotel is currently available unencumbered by management, which allows for potential reductions in corporate allocated expenses and enhanced labor utilization in housekeeping.

The hotel is just 5 miles from the Hutto Mega TechCenter, a 188-acre industrial park scheduled for completion in 2026. This proximity to the TechCenter, as well as Samsung’s upcoming $17-billion semiconductor manufacturing plant in Taylor, Texas, presents promising opportunities for increased business and leisure clientele.

Hutto, Texas, is one of the fastest-growing cities in the state. The city, known for its friendly community and small-town charm, has experienced significant development in recent years, attracting new residents and businesses. The growth in Hutto, paired with Austin’s rapid expansion and reputation as a desirable real estate investment market, suggests a bright future for the Holiday Inn Express & Suites.

Austin’s globally recognized cultural scene, including music, art, film festivals such as SXSW and Austin City Limits Music Festival, renowned universities, and a diverse culture, contributes to the city’s booming tourism and hospitality sectors.

Inquire at CBRE.