La Quinta Inn & Suites Hutchins, Dallas | 1000 Dowdy Ferry Rd
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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
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 | No. Rooms | 65 |
Property Type | Hospitality | Number of Floors | 4 |
Property Subtype | Hotel | Year Built | 2009 |
Building Class | B | Parking Ratio | 1.68/1,000 SF |
Lot Size | 2.00 AC | Corridor | Interior |
Building Size | 41,672 SF |
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 |
Number of Floors | 4 |
Year Built | 2009 |
Parking Ratio | 1.68/1,000 SF |
Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 4 | £86.85 | - |
Guest Room | 61 | £79.03 | - |
PROPERTY TAXES
Parcel Number | 30315520010010000 | Improvements Assessment | £3,462,866 |
Land Assessment | £136,405 | Total Assessment | £3,599,270 |
PROPERTY TAXES
Parcel Number
30315520010010000
Land Assessment
£136,405
Improvements Assessment
£3,462,866
Total Assessment
£3,599,270
zoning
Zoning Code | Z31 (Hotel) |
Z31 (Hotel) |
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La Quinta Inn & Suites Hutchins, Dallas | 1000 Dowdy Ferry Rd
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