AUSTIN – The Baymont Inn & Suites at 4323 I-35 S. has been sold by LMR LLC to New York City-based Travis Walk Associates LLC.
The 100-room hotel with a separate restaurant will close for nine months for a major renovation. It will also be rebranded.
Hotel Brokers of Austin handled the transaction for both parties.
The hotel sold for more than the listed price of $5.2 million.
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