M&M Arranges Sale of 49-Room Hospitality Property in Austin

by Haisten Willis

AUSTIN, TEXAS — Marcus & Millichap has arranged the sale of Rodeway Inn & Suites Downtown North Austin, a 49-room hospitality property located in Austin. Chris Gomes of Marcus & Millichap’s Dallas office, Allan Miller of Marcus & Millichap’s San Antonio office and Jake Gaddy of the firm’s Austin office marketed the property on behalf of the seller, a limited liability company. Michael Yu, Rahul Bijlani and Agrama Mannapperuma of Marcus & Millichap’s Houston office procured the buyer, an individual/personal trust. Rodeway Inn & Suites Downtown North Austin is located at 6201 E. Highway 290, less than one-half mile east of the I-35 intersection. Originally constructed in 1963, the recently renovated hotel is situated on 1.6 acres. Amenities include an outdoor pool, picnic area and breakfast bar.

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