Highlights

• Highway Location with over 200,000 VPD
• Over $600K spent on PIP in 2008
• Over 8 years remaining on Franchise Agreement

• Consistent Occupancy and ADR
• 54 Rooms Interior Corridor Hotel
• 20 Minutes away from DFW International Airport

Description

As exclusive agent, Tabani Realty is pleased to present the opportunity to purchase the 54-room, limited-service, Hampton Inn in Dallas, Texas market. The Hampton Inn has visibility and exposure to the one of the busiest interstate highway Dallas. The Hampton Inn' s location is readily accessible to all trading areas of Dallas and surrounding markets. The Hampton Inn in DFW is located about twenty minutes of Dallas and about ten minutes from the DFW International Airport with over 200,000 Vehicles crossing per day.

Hampton Inn was recently renovated and over $600K was spent to complete PIP items in 2008. This Property has upside potential in both its top-line revenue and bottom-line margin. Hampton Inn has over 8 years remaining on franchise agreement. Recently renovated facilities of the hotel give it a competitive advantage over competitors and the ability to seek business from a broad range of individuals, corporate business, highway travelers and group demand sources. The Hampton Inn has consistent Occupancy / ADR performance is a very good platform on which to build aggressive expense management by an owner-operator may increase NOI ratio.

Actual Revenue for 2008 was: $1,382,000.

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