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1577 Gateway Blvd
Richardson, TX 75080
Lender Owned Wingate Richardson Dallas · Hospitality Property For Sale · 56,223 SF

INVESTMENT HIGHLIGHTS

  • 127-room hotel, Wingate by Wyndham, located off Highway 75 and nestled in Dallas' Telecom Corridor.
  • Significant upside for a new owner to increase the hotel’s room revenue in the fast re-bounding of business and leisure travel post-COVID-19.
  • Richardson boasts the highest concentration of technology workers in the greater Dallas area.
  • Located in Richardson, TX - one of Dallas' most vibrant and diversified business communities.
  • The hotel is offered fee-simple interest and boasts access to one of the area's most eclectic business and attraction corridors.
  • 1577 Gateway Blvd is surrounded by demand drivers and national retailers, including Starbucks, Chipotle, Torchy's Tacos, and more.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.80 AC
Building Size 56,223 SF
No. Stories 4
Year Built/Renovated 1987/2015
Parking Ratio 2.49/1,000 SF
Corridor Interior
Zoning Z31

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Digital key

PROPERTY TAXES

  • Listing ID: 27387358

  • Date on Market: 12/27/2022

  • Last Updated:

  • Address: 1577 Gateway Blvd, Richardson, TX 75080