Austin Hampton Inn & Suites
- Asset Type – Hotel
- Number of Rooms – 102
- Location – Austin, Texas
- Year Purchased – 2013
- Year Sold – 2016
- Hold Period – 3 Years
- Business Plan – Value-Add Renovation
- Net Investor IRR/Total Annual Return – 17%
- Post-renovation/Stabilized Annual Cash Yield to Investors – 15%+
- Net Operating Income (NOI) at Purchase – $1,080,000
- Net Operating Income (NOI) at Sale – $1,660,000
- Percentage Increase in NOI – 54%