Homewood Suites by Hilton Plano North Dallas | 4705 Old Shepard Pl
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Homewood Suites by Hilton Plano North Dallas 4705 Old Shepard Pl
99 Room Hotel Plano, TX 75093 For Sale
Investment Highlights
- Institutionally-owned, 99-room, Homewood Suites that was fully renovated in the 2017-2018 period.
- Proximate to multiple commercial and corporate campuses, as well as three major medical care providers in Plano.
- Offered unencumbered by management, providing management flexibility for the new owner.
Executive Summary
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Homewood Suites Plano North Dallas in Plano, Texas. Located close to The Shops at Willow Bend Mall, Stonebriar Mall, Ford Center at the Star, Hewlett Packard Enterprise, NTT DATA, and several restaurant and recreation areas, the 99-room hotel receives business from a diverse population of both corporate and leisure segments.
Property Facts Under Contract
| Sale Type | Investment | No. Rooms | 99 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2018 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.66 AC | Parking Ratio | 1.54/1,000 SF |
| Building Size | 81,692 SF | Corridor | Interior |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.66 AC |
| Building Size | 81,692 SF |
| No. Rooms | 99 |
| No. Stories | 4 |
| Year Built/Renovated | 1997/2018 |
| Tenancy | Single |
| Parking Ratio | 1.54/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Retail
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Fully-Equipped Kitchen
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 99 | $154.00 | - |
PROPERTY TAXES
| Parcel Number | R-3627-00A-0010-1 | Improvements Assessment | $4,245,616 |
| Land Assessment | $1,854,384 | Total Assessment | $6,100,000 |
PROPERTY TAXES
Parcel Number
R-3627-00A-0010-1
Land Assessment
$1,854,384
Improvements Assessment
$4,245,616
Total Assessment
$6,100,000
zoning
| Zoning Code | RT/O-M |
| RT/O-M |
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Power Broker Michael Yu -
CBRE, Inc.
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Homewood Suites by Hilton Plano North Dallas | 4705 Old Shepard Pl
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