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901 N Central Expy SB
McKinney, TX 75069
avid hotel Dallas North - McKinney · Hospitality Property For Sale
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41,652 SF
Investment Highlights
- Currently under construction and will be delivered to new ownership turn-key or upon issuance of the Certificate of Occupancy (CO).
- McKinney has led the way in sustainable developments, and its historic business district is one of the largest and most successful in the state.
- Based on HVS pro-forma projections, stabilized rooms revenue is anticipated to exceed $3.0 million, with an NOI flow-through of over $1,000,000.
- The property benefits from its strategic location along U.S. Highway 75, near a multitude of demand generators.
- The DFW Metroplex is home to numerous Fortune 500 company headquarters including ExxonMobil, J.C. Penney, and American Airlines, among others.
- Upon acquisition and approval, an investor can expect a new, 20-year franchise license agreement with IHG.
Property Facts
| Property Type | Hospitality | Building Size | 41,652 SF |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | B | Year Built | 2026 |
| Lot Size | 1.79 AC | Parking Ratio | 1.56/1,000 SF |
| Construction Status | Under Construction | Corridor | Interior |
| Zoning | C3 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.79 AC |
| Construction Status | Under Construction |
| Building Size | 41,652 SF |
| No. Stories | 4 |
| Year Built | 2026 |
| Parking Ratio | 1.56/1,000 SF |
| Corridor | Interior |
| Zoning | C3 |
Amenities
- Fitness Center
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | R-9405-00A-005R-1 | Improvements Assessment | $4,035,508 |
| Land Assessment | $1,056,171 | Total Assessment | $5,091,679 |
Property Taxes
Parcel Number
R-9405-00A-005R-1
Land Assessment
$1,056,171
Improvements Assessment
$4,035,508
Total Assessment
$5,091,679
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