Moody National REIT II agrees to sell Austin hotel property for $9.4 million

Published 28/11/2025, 18:34
Moody National REIT II agrees to sell Austin hotel property for $9.4 million

Moody National REIT II, Inc. announced Monday that its subsidiaries entered into an agreement to sell a hotel property located at 4143 Governors Road in Austin, Texas, to Farmington Hotel Partners I, LLC, for a total purchase price of $9.4 million. The transaction is subject to customary offsets and credits as outlined in the agreement.

According to a statement based on a Securities and Exchange Commission filing, the sale is expected to close on or before December 29, 2025, provided all closing conditions are met or at a later date if mutually agreed by both parties. The filing notes that there is no guarantee the transaction will be completed on the stated terms or at all.

The purchaser, Farmington Hotel Partners I, LLC, is not affiliated with Moody National REIT II. The agreement of purchase and sale was executed on November 24, 2025.

Moody National REIT II, Inc. does not currently have securities registered on any national securities exchange. The company is incorporated in Maryland and headquartered in Houston, Texas.

This information is based on a press release statement included in a recent SEC filing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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