Marcus & Millichap arranges sale of the Ramada Austin Central

Marcus & Millichap sold the Ramada Austin Central, a 137-room, interior-corridor, midscale hotel near downtown Austin. The terms of the sale were not released.

The hotel is located north of the University of Texas (UT Austin). The location provides access to Austin’s other thoroughfares, including U.S. Highway 183. The Lyndon Baines Johnson Library and Museum is three miles away, and UT Austin is less than five miles away.

Virtual Event

HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


Built in 1981, the Ramada Austin Central recently received more than $1.52 million in property improvements. Amenities include a swimming pool with sun deck, fitness center and complimentary breakfast bar with dining area. Guestrooms have flat-screen televisions, microwaves and refrigerators.

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