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Holiday Inn Express & Suites Dallas East 8703 E R L Thornton Fwy 90 Room Hotel Dallas, TX 75228 $9,600,000 ($106,667/Room) 9.96% Cap Rate
Investment Highlights
- Located in one of the fasted growing metro areas in the United States.
- High Cap Rate! | Priced below contruction costs
- Situated in the heart of Fair Park; a major attraction area in dallas known for for sporting events, theater, conventions and concert performances.
Executive Summary
THE ACTUAL NOI IS $1,037,753 - LoopNet Auto calculates incorrectly
Data Room Click Here to Access
Property Facts
| Price | $9,600,000 | Building Size | 59,535 SF |
| Price Per Room | $106,667 | No. Rooms | 90 |
| Sale Type | Investment | No. Stories | 4 |
| Cap Rate | 9.96% | Year Built/Renovated | 2008/2020 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 3.78/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.05 AC | ||
| Zoning | Z248 | ||
| Price | $9,600,000 |
| Price Per Room | $106,667 |
| Sale Type | Investment |
| Cap Rate | 9.96% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.05 AC |
| Building Size | 59,535 SF |
| No. Rooms | 90 |
| No. Stories | 4 |
| Year Built/Renovated | 2008/2020 |
| Tenancy | Single |
| Parking Ratio | 3.78/1,000 SF |
| Corridor | Interior |
| Zoning | Z248 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 48 | $136.00 | - |
| Guest Room | 42 | $93.00 | - |
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Property Taxes
| Parcel Number | 008474000F0020000 | Improvements Assessment | $4,563,430 |
| Land Assessment | $536,570 | Total Assessment | $5,100,000 |
Property Taxes
Parcel Number
008474000F0020000
Land Assessment
$536,570
Improvements Assessment
$4,563,430
Total Assessment
$5,100,000
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