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6055 LBJ Freeway
Dallas, TX 75240
Holiday Inn Express & Suites North Dallas · Hospitality Property For Sale
·
103 Rooms

Property Facts
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 2008/2023 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.18 AC | Parking Ratio | 1.73/1,000 SF |
| Building Size | 74,656 SF | Corridor | Interior |
| No. Rooms | 103 | ||
| Zoning | Z248 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.18 AC |
| Building Size | 74,656 SF |
| No. Rooms | 103 |
| No. Stories | 4 |
| Year Built/Renovated | 2008/2023 |
| Tenancy | Single |
| Parking Ratio | 1.73/1,000 SF |
| Corridor | Interior |
| Zoning | Z248 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 6055 LBJ FREEWAY , DALLAS, TX 75240
The Holiday Inn Express & Suites in North Dallas is offered exclusively for sale by Tabani Realty. The property was built in 2008. The hotel has 103 guest rooms across 4 floors with interior corridors with an overall square footage of 74,656 SF. The property sits on 2.16 acres of land on a ground lease. The ground lease has 50 years left with options to extend. This 103 room concrete building structure is highly visible from Hwy 635 and sits right next to Dallas Midtown project. This property has not been converted to the mandatory Formula Blue design scheme. The new owner should expect to complete the conversion within 12-18 months of acquiring the property. The hotel is conveniently located at Preston Rd and I-635 in Dallas; both prominent roads in the Dallas area. The location of the hotel is ideal since it is located right off a major interstate, there is easy access to all of Dallas. The hotel is very close to the Dallas North Tollway and highway 75, so getting downtown to all events and entertainment is quick and easy. Right across the street from the hotel, on the other side of Preston road, starts the giant development project known as the Dallas Midtown project. It is a massive development that will take over the area that was formerly the Valley View Mall. The area will consist of retail, restaurants, office space, hotels, movie theater, park, and apartments. The project that will be completed in different phases, could cost up to $10 billion. The development will drive so much business to the area and provide lots of entertainment to the area in northern Dallas. The Holiday Inn Express offers many amenities. For guests, a free full breakfast is included in their stay and free coffee is provided in the lobby. On site there is a fitness center, business center, and indoor heated pool. There are 4 meeting rooms available, one of those being a 3,000 SF ballroom available for events and weddings. There is also free cable and wifi available for all guests. The hotel has much to offer to all guests staying there and has consistently great reviews on all booking platforms. In 2016, this hotel received the Tripadvisor Certificate of Excellence Award. Additionally, the travel accommodation site Booking.com rates the hotel as 'excellent.' Dallas Midtown Project: http://www.dallasmidtown.com
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 28 | $132.00 | - |
| Guest Room | 75 | $108.00 | - |
Links
Property Taxes
| Parcel Number | 0074370A000020000 | Improvements Assessment | $3,763,120 |
| Land Assessment | $2,372,900 | Total Assessment | $6,136,020 |
Property Taxes
Listing ID: 14102461
Date on Market: 10/17/2018
Last Updated:
Address: 6055 LBJ Freeway, Dallas, TX 75240
The Prestonwood Hospitality Property at 6055 LBJ Freeway, Dallas, TX 75240 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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