Austin Texas Takes to Condo Hotel Real Estate
By Anthony Longo 27 08 2006
We all know of the mega branded sky-scraping condo hotels in Miami, LA, New York….what you may not no is that they also are in smaller markets such as Austin…and happen to be extremelly succesful real estate investments.
Five Fifty Five in Austin is one of these new condo hotel residences. There are 99 luxury condos atop the Hilton Austin Condo Hotel. Units are selling from the upper $300,000s to more than $2 million.
More often though, hotel-condos are proliferating in midsize and smaller cities across the nation and, in some cases, transforming the places where they’re being built.
Hotel-condo projects can be found in different stages of development in cities such as Berkeley, Calif.; Provo, Utah; Pittsburgh; and Little Rock, Ark. And they’ve been proposed for towns as varied as Yankeetown, Fla.; Asheville, N.C.; and West Wendover, Nev.
