La Quinta Inn & Suites Hutchins, Dallas 1000 Dowdy Ferry Rd

65 Room Hotel Hutchins, TX 75141 For Sale

INVESTMENT HIGHLIGHTS

  • • $92+ REVPAR market per last 3 years Star Report
  • • Priced at 4 timed TTM
  • • LQ UP (Exterior) is completed, Interior renovation cost expected @ $500,000
  • • $90 REVPAR Performance for 2 consecutive years.
  • • $4000/Key cash PIP incentive available for remaining PIP
  • • no new construction or ground breaks within Vicinity.

EXECUTIVE SUMMARY

Hotel Brokers of America is pleased to exclusively offer the La Quinta Inn & Suites (Dallas MSA) located 15 minutes South of Downtown Dallas in the booming sub-market of Hutchins, Texas

Highlights:
• $92+Comp set REVPAR market per last 3 years per STR Report /Property at $90 REVPAR Performance for 2 consecutive years.
• Priced at 4 times TTM
• $4,000/Key cash PIP incentive available for remaining PIP
• LQ UP (Exterior) is completed, Interior renovation PIP cost expected @ $500,000
• No new construction or ground breaks within vicinity.

Nitigna Naik
Texas Broker of Record:
P: 661.910.8003
E: Deals@HBofAmerica.com
TX DRE #9014354

PROPERTY FACTS

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.00 AC
Building Size 41,672 SF
No. Rooms 65
No. Stories 4
Year Built 2009
Parking Ratio 1.68/1,000 SF
Corridor Interior

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 4 $111.00 -
Guest Room 61 $101.00 -

PROPERTY TAXES

ZONING

Zoning Code Z31 (Hotel)
  • Listing ID: 33447988

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 1000 Dowdy Ferry Rd, Hutchins, TX 75141