1832 Marketplace Dr | McKinney, TX 75069
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1832 Marketplace Dr
McKinney, TX 75069
TownePlace Suites Dallas McKinney · Hospitality Property For Sale · 49,400 SF
INVESTMENT HIGHLIGHTS
- This opportunity presents an investor the ability to acquire the Property at a price well below replacement cost. Construction cost was $11.8 million.
- Located in the highly sought-after DFW Metroplex with a rapidly expanding diverse economic base and home to nine Fortune 500 companies.
- strategically located off Highway 75 and Eldorado Parkway, proximate to numerous dining and retail options, and next to McKinney Marketplace.
- Having opened in 2016, the hotel has maintained an excellent physical condition and, therefore, is expected to have a minimal change-of-ownership PIP.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2013 |
| Building Class | B | Parking Ratio | 2.49/1,000 SF |
| Lot Size | 2.13 AC | Corridor | Interior |
| Building Size | 49,400 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.13 AC |
| Building Size | 49,400 SF |
| No. Stories | 4 |
| Year Built | 2013 |
| Parking Ratio | 2.49/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ZONING
| Zoning Code | PD |
| PD |
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