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Comfort Inn Dallas North Love Field Airport 11069 Composite Dr 113 Room Hotel Dallas, TX 75229 For Sale
Executive Summary
Offered at a significant discount to replacement cost .The new buyer will have the opportunity to revamp the Hotel with Renovated Rooms , employing a more aggressive revenue management strategy and strategic cost control initiatives. Refreshed Room product will allow the new owner to more effectively compete by improving penetration within the Transient competitive set while increasing cash flow through improving operating margins.
Love Field is the birthplace, corporate headquarters, and a major operating base of Southwest Airlines; as of August 2021, Southwest has a 95% market share at the airport. Several full-service fixed-base operators (FBOs) provide general aviation services: fuel, maintenance, hangar rentals, and air charters. The City of Dallas
Department of Aviation headquarters is on the airport grounds.
Video tour Link to the Property .https://listings.fullpackagemedia.com/sites/eqlobkpp/unbranded
The Dallas Fort Worth area is recognized for its robust economy, hosting 22 Fortune 500 company headquarters and a diverse range of industries, including technology, finance, and manufacturing. This diversity helps maintain a low unemployment rate and provides a wealth of job opportunities for professionals at all stages of their careers.
Love Field is the birthplace, corporate headquarters, and a major operating base of Southwest Airlines; as of August 2021, Southwest has a 95% market share at the airport. Several full-service fixed-base operators (FBOs) provide general aviation services: fuel, maintenance, hangar rentals, and air charters. The City of Dallas
Department of Aviation headquarters is on the airport grounds.
Video tour Link to the Property .https://listings.fullpackagemedia.com/sites/eqlobkpp/unbranded
The Dallas Fort Worth area is recognized for its robust economy, hosting 22 Fortune 500 company headquarters and a diverse range of industries, including technology, finance, and manufacturing. This diversity helps maintain a low unemployment rate and provides a wealth of job opportunities for professionals at all stages of their careers.
Property Facts
| Sale Type | Investment | No. Rooms | 113 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1986/2019 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.63 AC | Parking Ratio | 0.94/1,000 SF |
| Building Size | 46,194 SF | Corridor | Interior |
| Zoning | IR, Dallas - Hospitality | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.63 AC |
| Building Size | 46,194 SF |
| No. Rooms | 113 |
| No. Stories | 4 |
| Year Built/Renovated | 1986/2019 |
| Tenancy | Single |
| Parking Ratio | 0.94/1,000 SF |
| Corridor | Interior |
| Zoning | IR, Dallas - Hospitality |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 113 | $65.00 | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 006512000301A0000 | Improvements Assessment | $2,342,870 |
| Land Assessment | $1,057,130 | Total Assessment | $3,400,000 |
Property Taxes
Parcel Number
006512000301A0000
Land Assessment
$1,057,130
Improvements Assessment
$2,342,870
Total Assessment
$3,400,000
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Comfort Inn Dallas North Love Field Airport | 11069 Composite Dr