Property Description

The Aloft Austin Round Rock consists of 120 guest rooms and was also constructed in 2019. Amenities at this select-service hotel include an outdoor pool, bar, fitness center, on-site laundry service and business center. The Aloft offers complimentary breakfast.

Property Type

Commercial

Structure

Delaware Statutory Trust

Moody ELM
AL North Austin DST

TX

Remaining Availability

1% Remaining

Total Funds
$50,400,000
Remaining Availability
Taking Backups
Minimum Investment
$100K
Funded To Date
$50,400,000
Est. Hold Period
10 Years
Leverage
0.0%
Equity Raise
$50,400,000
Price/SF or Price/Unit
$207,407/Unit

For More Details

 
 
 

Location Details

 
 
 

Population

See PPM

Population Growth

See PPM

About The Area

Round Rock is a growing corridor located 15 miles north of Austin, Texas. The area immediately surrounding the Project consists of a mix of corporate, leisure and extended-stay demand generators. The Trust Manager is of the opinion these demand generators will continue to expand. The Trust Manager believes that Round Rock has a favorable employment base. Major employers in Round Rock include Dell Technologies Inc. (“Dell”), Ascension Seton Williamson, Baylor Scott & White Healthcare, Amazon, United Parcel Service (“UPS”), Emerson Process Management and St. David’s Round Rock Medical Center. Round Rock is home to Dell’s World Headquarters, which is across the freeway from the Project. In addition, Apple’s new $1 billion campus is 10 minutes from the Project and Samsung announced that it will construct a $17 billion chip-making plant in Taylor, Texas, which is 20 minutes from the Project. Money Magazine named Round Rock the second-best place to live in 2019.

 

Sponsor

Moody National Companies was founded as Moody National Mortgage Corporation in 1996. Since that time, Moody has evolved into a full-service commercial real estate firm, which has employed over 1,200 people in several division.