Cat Noir Hotel

Nov 15

Written By Beck-Reit

SOLD

See SOLD Info

The Cat Noir Hotel

(Formerly Hotel Eleven)

East Austin Boutique Hotel Opportunity

@queen.of.east.austin Closing Deals while on Vacation! #Sold #EastAustin Hotel today & #longtimeclient ending 2021 with a Lot Of Dollar Bills in thier pockets! We had mutliple offers in less than 24 hours & under contract in 1 week on this #boutiquehotel . Sold Over Asking Price. #CommercialRealEstate #HighrollerATX ♬ Take The Money And Run (feat. Everlast) - RUN DMC

Includes Land, Building, and Business

14 Guest Rooms + Owners Apartment

Property Info:

3 story steel frame plus basement, roof-deck and separate apartment connected by skybridge. Completed construction April 2016. Total square footage: 7,862 total sqft.
Ground floor includes front
- Front Desk / Reception
- Office
- Living Room
- Bar is beer and wine only currently
- Lounge
- Commercial Kitchen
- Men & Women Restrooms
Commercial Kitchen is fully functioning - Currently NNN leased to restaurant/bar operator - Uncle Nicky’s Italian Specialties
Elevator access, 14 guest rooms on levels 2 & 3
Outdoor patio space on front and back of level 1, plus guest room patio on levels 2 and 3.
800 s.f. basement that includes, utilities, on-site laundry, storage, employee restroom & walk-in cooler.
ON-SITE APARTMENT (550s.f.) connected by skybridge includes 2 car garage on 1st floor currently used as storage and utility, a loft style efficiency apartment on 2nd and 3rd floor that has full kitchen, living, 1-1/2 baths and views of downtown
8 total parking spots on-site
2-space garage used for storage on-site

Property is currently a fully functional hotel and ready for a motivated owner or operator to take over!

We’ve created the following Financial Analysis Tool to help prospective Buyers better understand expenses and project income for this opportunity. It features a section detailing each room by size with adjustable nightly rates and monthly occupancy levels to project lodging income. In the final section, potential Buyers can adjust expenses against 2019 actuals to determine net income. Download the spreadsheet via the button below!

Download Sale Flyer Here

Financial Analysis Spreadsheet

See hotel floorplans

Click Above For Video Tour of the Rooftop Deck!

Click Above For Suite #8 Video Walk Through

Click Below For Suite 1st Floor Video Walk Through!

Click Below For Suite #10 Video Walk Through

Click Below for Video Walkthrough Tour of Suite # Lucky 13 “Crash Pad” Style Room