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Newly Opened AC Hotel Austin Hill Country Gets New Owner
The AC Hotel Austin Hill Country, a new 135-key hotel located at 7415 Southwest Pkwy. in Southwest Austin, recently sold for an undisclosed purchase price to an undisclosed buyer. The five-story hotel, located in the Texas foothills and just minutes from downtown Austin, officially opened last month.
The asset is comprised of 131 guestrooms, four suites and Salt + Stone rooftop bar, the hotel’s open-air lounge offering sweeping views of the Texas Hill Country. The AC Hotel Austin Hill Country hotel also serves as an anchor to Lantana Place, an adjacent retail center that offers shopping, dining, entertainment and other retail options.
A Hodges Ward Elliott (HWE) team led by John Bourret, managing director, brokered the off-market acquisition on behalf of the seller.
“The Texas hospitality sector continues to thrive, as evidenced by the numerous regional hotel investment sales we’ve closed over the last few months,” said Bourret.
- ◦Sale/Acquisition
