moody national reit ii
Moody National REIT II Acquires Seattle Marriott Springhill Suites for $74.1 million
Moody National REIT II, Inc | May 31, 2016
HOUSTON, May 31, 2016 - Moody National REIT II, Inc. announced that it acquired the Marriott SpringHill Suites Hotel ("SpringHill Suites Seattle") in Seattle, Washington for $74.1 million, excluding closing costs. Located on the southeast corner of Stewart Street and Yale Avenue in downtown Seattle, the 234 room select-service Springhill Suites Seattle sits in one of the city's major transportation routes with ready access to the corporate homes of Amazon, Microsoft, Nordstrom and REI. The hotel is located near Puget Sound and is walking distance to the Seattle Space Needle. The Springhill Suites Seattle is positioned to b...
Moody National REIT II Acquires Residence Inn Austin University for $25.5 Million
Moody National REIT II, Inc. | October 23, 2015
HOUSTON, Oct. 23, 2015 -- Moody National REIT II, Inc. ("REIT II"), announced on October 15, 2015 that it has acquired the Marriott Residence Inn Austin-University Area hotel (the "Residence Inn Austin") for $25.5 million, excluding closing costs. The recently developed Residence Inn Austin is a select-service hotel comprised of 112 guest rooms. Prominently located off I-35 and 51st Street, the hotel opened on January 14, 2014, and benefits from its close proximity to the University of Texas campus, Dell Children's Hospital, Seton Medical corporate headquarters and the Texas State Capitol. "We are pleased to...
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