other material
confidence high
sentiment neutral
materiality 0.50
Moody National REIT II to sell Austin Homewood Suites for $9.4M
Moody National REIT II, Inc.
- Sale price of $9,400,000 for the hotel at 4143 Governors Road, Austin, TX (Homewood Suites).
- Buyer is unaffiliated Farmington Hotel Partners I, LLC; closing set for on or before Dec 29, 2025.
- Earnest money of $100,000 is non-refundable upon deposit; sale includes fee and personal property.
- Master lease between seller entities will terminate upon closing of the sale.