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1657 S Stemmons Fwy
Lewisville, TX 75067
La Quinta Inns & Suites Dallas Lewisville · Hospitality Property For Sale
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72,018 SF
Investment Highlights
- 1657 S Stemmons Freeway, La Quinta Inn & Suites Dallas Lewisville, is a 72,018 SF, 129-room hotel recently delivered in 2020.
- Strategically positioned along Interstate 35, which sees some 150,000 vehicles per day, 10 minutes from DFW Airport and 35 from Downtown Dallas.
- Lewisville hospitality submarket is booming with room demand up 8.7% and RevPAR up 68.3% year-over-year as of April 2022.
- Hotel amenities include an indoor pool, fitness center, modern suites, on-site bar, laundry facilities, and business center.
- Within 15 minutes to top tourist destinations such as Grapevine Aquarium, LEGOLAND Discovery Center, Great Wolf Lodge, and Cowboys Golf Club.
- Opportunity to acquire a high-performing existing hotel in a submarket where 12.3% of existing inventory by room is under construction.
Property Facts
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2020 |
| Building Class | B | Parking Ratio | 1.71/1,000 SF |
| Lot Size | 2.95 AC | Corridor | Interior |
| Building Size | 72,018 SF | ||
| Zoning | F1 - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.95 AC |
| Building Size | 72,018 SF |
| No. Stories | 4 |
| Year Built | 2020 |
| Parking Ratio | 1.71/1,000 SF |
| Corridor | Interior |
| Zoning | F1 - Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | R698430 | Improvements Assessment | $7,129,544 |
| Land Assessment | $1,540,456 | Total Assessment | $8,670,000 |
Property Taxes
Parcel Number
R698430
Land Assessment
$1,540,456
Improvements Assessment
$7,129,544
Total Assessment
$8,670,000
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