AUSTIN - Prince Preferred Hotels Nacogdoches LLC acquired the four-story Holiday Inn Express hotel for $7.4 million, or about $73,267 per room. The 101-room hospitality property at 8500 N. I-35 was built in 1999.
The property is located near the Circuit of the Americas, a F1 race track and SXSW.
The company purchased the property from Killeen S & K LLC.
Read more at CoStar Group.
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