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250 Municipal Dr
Richardson, TX 75080
Hawthorn Suites by Wyndham Richardson · Hospitality Property For Sale
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53,681 SF
Investment Highlights
- Two-Story, 72-Room, Extended-Stay Hotel in the Dallas-Fort Worth Metropolitan Statistical Area
- Strategic Position off U.S. 75 Expressway
- RevPAR Trending Upwards and Increased Over 50 Percent from 2020 to 2021
- Located Within Richardson’s Telecom Corridor Hosting Over 1,000+ Businesses
- Ideal In-Place Operations – Room Revenues Averaging Over $1.18 Million since 2019 Through the Trailing Twelve-Month Period Ending in February 2022
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1982 |
| Building Class | C | Parking Ratio | 1.58/1,000 SF |
| Lot Size | 2.41 AC | Corridor | Interior |
| Building Size | 53,681 SF | ||
| Zoning | LR - rural residential | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.41 AC |
| Building Size | 53,681 SF |
| No. Stories | 2 |
| Year Built | 1982 |
| Parking Ratio | 1.58/1,000 SF |
| Corridor | Interior |
| Zoning | LR - rural residential |
Amenities
- Balcony
- Business Center
- Fitness Center
- Pool
- Shuttle Service
- On-Site Retail
- Meeting Event Space
- Smoke-Free
- Fully-Equipped Kitchen
About 250 MUNICIPAL DR , RICHARDSON, TX 75080
The Hawthorn Suites by Wyndham Richardson is a seven-building, 72-room, two-story Hotel stationed at 250 Municipal Drive, just off U.S. Highway 75. The Property was originally constructed as an apartment complex and features several amenities of a well-positioned extended-stay asset, such as an outdoor pool, business center, meeting and event space, fitness center, and guest laundry facilities. Spacious guest rooms offer a flat-screen television, refrigerator, microwave, and kitchenettes.
Property Taxes
| Parcel Number | 422446500A0040000 | Improvements Assessment | $1,904,150 |
| Land Assessment | $1,415,850 | Total Assessment | $3,320,000 |
Property Taxes
Parcel Number
422446500A0040000
Land Assessment
$1,415,850
Improvements Assessment
$1,904,150
Total Assessment
$3,320,000
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