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1310 E Wintergreen Rd
DeSoto, TX 75115
Holiday Inn Express & Suites Dallas South · Hospitality Property For Sale · 59,368 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.17 AC
Building Size 59,368 SF
No. Stories 4
Year Built/Renovated 2006/2020
Parking Ratio 1.28/1,000 SF
Corridor Interior
Zoning Z236

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Multi-Room Suites

ABOUT 1310 E WINTERGREEN RD , DESOTO, TX 75115

Fee simple interest in the 2007 build, 88-Room Holiday Inn Express & Suites offered at a discount to replace cost  Available unencumbered of debt and third-party management with the ability to retain the Holiday Inn Express flag for a new 15 year license Anticipated walk-in cash-on-cash returns in the mid teens with October T12 RevPAR Penetration at 110% of comp set Approximately $850,000 (~$10K per key) of recently completed renovations  Situated less than two miles south of the I-35E and I-20 interchange with upwards of 84,000 cars passing the location daily Approximately 13 miles from downtown Dallas and ideally located within the area’s fastest growing suburb Proximate to all regional demand including American Airlines Center, AT&T Headquarters, Dallas Love Field Airport, University of Texas at Dallas, Reunion Tower and Kay Bailey Hutchison Convention Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 200290100A0010100
  • 200290100A0010000
Land Assessment
$427,320
Improvements Assessment
$6,854,360
Total Assessment
$7,281,680
  • Listing ID: 12127342

  • Date on Market: 4/3/2018

  • Last Updated:

  • Address: 1310 E Wintergreen Rd, DeSoto, TX 75115

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