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6055 LBJ Freeway
Dallas, TX 75240
Holiday Inn Express | No PIP | The Galleria · Hospitality Property For Sale · 74,656 SF

INVESTMENT HIGHLIGHTS

  • Discover the strategic opportunity to acquire Holiday Inn Express & Suites North Dallas at Preston, a well-maintained hotel with strong performance.
  • Holiday Inn Express & Suites North Dallas at Preston is being offered below replacement cost and unencumbered by management.
  • Conveniently located along Interstate 635, the hotel garners significant demand from business and leisure travelers.
  • Benefit from the hotel’s affiliation with IHG One Rewards, one of the world’s largest hotel loyalty programs boasting over 100 million members.
  • Investors will benefit by implementing aggressive marketing strategies and operational initiatives to improve occupancy and returns.
  • Guests enjoy access to a wealth of nearby retail amenities, including Target, McDonald’s, Aldi, Starbucks, Taco Bell, and the famous Galleria Dallas.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.18 AC
Building Size 74,656 SF
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

PROPERTY TAXES

  • Listing ID: 32781674

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 6055 LBJ Freeway, Dallas, TX 75240