Staybridge Suites Austin Airport 1611 Airport Commerce Dr Services hôteliers 161 chambres À vendre Austin, TX 78741

The Staybridge Suites Austin Airport, located at 1611 Airport Commerce Drive in Austin, Texas, offers a four-story, 161- room, extended stay hotel. Amenities include a seasonal outdoor pool, fitness center, breakfast area, business center, meeting rooms, and an airport shuttle. The hotel benefits from being adjacent to the Austin- Bergstrom International Airport and from exceptional visibility off N Highway 183, which sees over 120,000 vehicles as average annual daily traffic. Currently undergoing a comprehensive full IHG Property Improvement Plan (PIP), the property is in the midst of a transformative renovation. While this process temporarily impacts operational flow, it’s currently scheduled for completion by September 2025, positioning the asset for significant post renovation revenue growth.
The Staybridge Suites Austin Airport presents a compelling investment opportunity within Austin’s dynamic and rapidly expanding metropolitan area. Austin’s status as a burgeoning tech hub, coupled with its vibrant cultural scene, creates a robust and diversified economic foundation.
ROOM REVENUE UPSIDE POTENTIAL
The Hotel’s current RevPAR index of 72 percent reflects significant upside potential. As renovations progress and complete, a new owner can leverage strategic revenue management and targeted marketing to elevate the index to 86 percent or higher. This improvement is projected to drive year one room revenues to approximately $5.045–$5.68 million, maximizing returns and substantially increasing asset value.
AUSTIN-BERGSTROM INTERNATIONAL AIRPORT (AUS) IS A MAJOR CATALYST FOR REGIONAL ECONOMIC GROWTH
AUS is experiencing explosive growth, making it a key economic driver in the region. Passenger traffic has seen consistent double-digit percentage increases, with pre-pandemic numbers exceeding 17 million annually, and expansion projects aiming to accommodate over 30 million. AUS serves a diverse range of airlines, including major carriers like American, Delta, United, Southwest, and Alaska, connecting Austin to key domestic and international cities. Prominent destinations include major hubs like Dallas, Chicago, Atlanta, Denver, and Los Angeles, alongside growing international routes to London, Amsterdam, and Frankfurt. This expansive network and the airport’s ongoing development, including new terminals and increased cargo operations, solidify AUS as a vital transportation hub and a significant catalyst for surrounding economic activity.
AUSTIN: A MAGNET FOR TECH TITANS, DRIVING EXPLOSIVE GROWTH
Austin has solidified its position as a major tech hub, attracting a diverse array of industry giants. Dell Technologies (14.3 miles), a long-standing presence, maintains a significant headquarters in the region, contributing to the city’s established tech infrastructure. Apple (21.3 miles) has also made substantial investments, establishing a large campus that continues to expand, drawing in skilled professionals. Tesla’s Gigafactory (7.9 miles), though located just outside the city proper, has created a major economic ripple effect, attracting a constellation of supporting industries. Furthermore, Amazon (1.8 miles) and Google (5.2 miles) have established and continue to expand large offices in Austin, strengthening the city’s place as a prime tech destination. This concentration of major tech employers has fostered a dynamic ecosystem, attracting talent, driving innovation, and contributing significantly to Austin’s rapid economic growth.
AUSTIN’S HIGHER EDUCATION LANDSCAPE FUELS A DYNAMIC CITY
Austin, Texas, boasts a diverse and robust higher education landscape, catering to a wide range of academic and professional pursuits. At the heart of this landscape is the prestigious University of Texas at Austin (7.0 miles), a flagship public research institution renowned for its academic excellence and vibrant campus life. Beyond UT Austin, the city offers various other educational opportunities. Institutions like St. Edward’s University (4.7 miles) and Southwestern University (32.2 miles) provide smaller, liberal arts-focused environments.
AUSTIN’S RENOWNED CULTURAL AND ENTERTAINMENT SCENE OFFERS YEAR-ROUND APPEAL
Austin’s unparalleled cultural and entertainment scene, a vibrant fusion of the city’s unique charm and the dynamic energy of its downtown core, creates a compelling draw for visitors throughout the year. This rich tapestry of attractions and events include downtown Austin (6.2 miles) which acts as the city’s central hub for entertainment, dining, and nightlife, creating a consistent draw for visitors. Austin’s reputation as the “Live Music Capital of the World” and its thriving arts and culinary scene further enhance the hotel’s appeal. Iconic attractions such as Sixth Street (4.8 miles), Zilker Park (5.8 miles), and the bustling downtown core, along with major festivals like South by Southwest (SXSW – 6.6 miles) and Austin City Limits Music Festival (ACL – 5.2 miles), draw millions of visitors annually, catering to both leisure and business travelers. the Circuit of the Americas (COTA – 10.3 miles), home to the Formula 1 United States Grand Prix, also generates significant tourism, particularly during major events.
POSITIONED FOR SIGNIFICANT GROWTH POST-CONVENTION CENTER EXPANSION
Located just 5.1 miles from the Austin Convention Center, this hotel is primed to capitalize on the center’s significant 2029 expansion, a transformative $1.6 billion project aimed at nearly doubling rentable space and solidifying Austin as a premier convention destination. This expansion is projected to dramatically increase demand for lodging, particularly extended stays, due to the influx of conference attendees seeking a ‘home away from home’ experience in the newly modernized, zero-carbon certified facility. While the center’s current temporary closure for renovations has created a short-term dip in occupancy rates, it presents a unique investment window, offering substantial upside upon the center’s reopening and contributing to the anticipated economic growth driven by the expanded center.
AUSTIN'S ECONOMIC FUTURE: TECH, EQUITY, AND SUSTAINABLE GROWTH THROUGH 2028
Austin’s economic landscape through 2028 is defined by a powerful synergy between its burgeoning tech sector and the strategic expansion of Austin-Bergstrom International Airport (AUS). Major corporate expansions, including Tesla’s Gigafactory, Samsung’s $17 billion semiconductor plant in Taylor, and the continued growth of Google, Apple, and Amazon’s regional hubs, are coupled with state-driven initiatives like the $17.3 million grant to SpaceX for Starlink’s Bastrop facility, fueling significant job creation and capital investment. Specifically, the AUS expansion, involving billions in investment to increase passenger capacity to over 30 million annually and significantly expand cargo operations, is transforming Austin into a key logistical hub. This convergence of tech industry dominance, anchored by the semiconductor