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14315 Midway Rd
Addison, TX 75001
Hotel Dax · Hospitality Property For Sale · 334,531 SF

INVESTMENT HIGHLIGHTS

  • Excellent location minutes from major business centers and corporate headquarters in Downtown Dallas, Las Colinas, Plano, and Frisco.
  • Offered unencumbered by management or brand, allowing the buyer opportunities to explore different opportunities for operational upside.
  • Most recent renovation was in 2013 and included the common areas and 328 guest rooms and the hotel received “Renovation of the year” reward from IHG.
  • The hotel features 428 well-appointed guest rooms, including 18 executive suites, two hospitality suites, and two presidential suites.
  • 32,000 square feet of contemporary, flexible event space, with dedicated entrance and registration, including two ballrooms and 16 breakout rooms.
  • Food and beverage options include a full-service restaurant known as McArthur’s and a two-story Atrium Lounge located in the main lobby.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 6.94 AC
Construction Status Under Renovation
Building Size 334,531 SF
No. Stories 3
Year Built/Renovated 1985/2026
Parking Ratio 1.17/1,000 SF
Corridor Interior
Zoning Z236 - Planned Development District

AMENITIES

  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Convention Hotel
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
100006800A0020000
Land Assessment
$7,080,770
Improvements Assessment
$4,719,230
Total Assessment
$11,800,000
  • Listing ID: 22260786

  • Date on Market: 2/17/2021

  • Last Updated:

  • Address: 14315 Midway Rd, Addison, TX 75001

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