2979 N Stemmons Fwy | Dallas, TX 75247
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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 | Building Size | 59,754 SF |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2024 |
| Building Class | B | Parking Ratio | 1.52/1,000 SF |
| Lot Size | 2.23 AC | Corridor | Interior |
| 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
| Parcel Number | 007910000A0010000 | Improvements Assessment | $2,083,850 |
| Land Assessment | $2,138,000 | Total Assessment | $4,221,850 |
PROPERTY TAXES
Parcel Number
007910000A0010000
Land Assessment
$2,138,000
Improvements Assessment
$2,083,850
Total Assessment
$4,221,850
zoning
| Zoning Code | Z151 |
| Z151 |
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