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2979 N Stemmons Fwy
Dallas, TX 75247

ESA - Market Ctr Dallas, TX · Hospitality Property For Sale · 59,754 SF

INVESTMENT HIGHLIGHTS

  • Fee simple interest in the corporate-owned and managed 97-room Extended Stay America (ESA) Dallas Market Center.
  • Property tours are available 2/28 /2023-3/1/2023, please contact the listing broker to schedule your appointment.
  • Strong in-place performance with trailing-12-month year-over-year average RevPAR gains of +19%.
  • Available for individual sale, part of a South / Southeast ‘Sun-Belt’ 17-property portfolio available in the auction events ending on March 15th-16th.
  • Ability to purchase any combination of the 17-assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
  • Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.

PROPERTY FACTS

Sale Conditions Auction Sale
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.23 AC
Building Size 59,754 SF
No. Stories 3
Year Built/Renovated 1997/2024
Parking Ratio 1.52/1,000 SF
Corridor Interior

AMENITIES

  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites
  • Digital key

PROPERTY TAXES

ZONING

Zoning Code Z151
  • Listing ID: 27509885

  • Date on Market: 1/13/2023

  • Last Updated:

  • Address: 2979 N Stemmons Fwy, Dallas, TX 75247