Log In/Sign Up
Your email has been sent.
Tru by Hilton Garland Richardson | DFW 5055 N President George Bush Hwy 91 Room Hotel Garland, TX 75040 For Sale
INVESTMENT HIGHLIGHTS
- Well-built, high-quality, limited-service asset
- Across the street from the Curtis Culwell Center state-of-the-art multipurpose facility
- Dynamic and thriving economic landscape with continued growth
- Strategic location proximate to diversified demand drivers
- Strong in-place cash flow with continued market share upside through completion of the PIP
- First Tru by Hilton built in the State of Texas
EXECUTIVE SUMMARY
Boldface Hospitality Advisors (“BHA”), as sole and exclusive agent for the owner, has been retained to offer for sale the fee-simple interest in the 2018-
built, 91-room, Tru by Hilton Garland Richardson (“Property” or “Hotel”) located at 5055 N President George Bush Hwy, Garland, TX 75040. The
Property has produced a stellar financial performance since ownership acquired the asset in June 2019. Conveniently situated in the northeast Dallas
MSA, the Hotel offers prime accessibility off President George Bush Turnpike and near Texas State Highway 78, with proximity to other major highways
including I-635 and US 75.
The Hotel is proximate to several key corporate and leisure demand generators, such as The Firewheel Town Center Mall (over 120 stores, making it one
of the largest malls in DFW), Strike & Reel (epicenter of entertainment with movie theater, bowling alley, bumper cars and arcades), Hawaiian Falls
Garland, CityLine Office Complex (State Farm’s Regional Hub and Raytheon’s state-of-the-art office complex, 6 million square feet of office space, and
200,000+ square feet of restaurant, retail and entertainment space), The University of Texas at Dallas, Granville Arts Center, Urban Air Trampoline &
Adventure Park, Downtown Garland (brand new park and dozens of local restaurants), the Chua Dao Quang Buddhist Temple (a weekend favorite,
opens doors to the public on weekends and hosts a local market), and Methodist Medical Center. The Hotel is also next door to the Curtis Culwell
Center, Naaman Forest High school and the Gilbreath-Reed Career and Technical Center, as well as walking distance from several well-known
restaurants.
This offering represents an exceptional opportunity to acquire a strategically located, high-quality, mid-scale hotel in the thriving, fast-growing and highly
desirable Garland-Richardson area, available unencumbered of management and debt, and offered below replacement value.
built, 91-room, Tru by Hilton Garland Richardson (“Property” or “Hotel”) located at 5055 N President George Bush Hwy, Garland, TX 75040. The
Property has produced a stellar financial performance since ownership acquired the asset in June 2019. Conveniently situated in the northeast Dallas
MSA, the Hotel offers prime accessibility off President George Bush Turnpike and near Texas State Highway 78, with proximity to other major highways
including I-635 and US 75.
The Hotel is proximate to several key corporate and leisure demand generators, such as The Firewheel Town Center Mall (over 120 stores, making it one
of the largest malls in DFW), Strike & Reel (epicenter of entertainment with movie theater, bowling alley, bumper cars and arcades), Hawaiian Falls
Garland, CityLine Office Complex (State Farm’s Regional Hub and Raytheon’s state-of-the-art office complex, 6 million square feet of office space, and
200,000+ square feet of restaurant, retail and entertainment space), The University of Texas at Dallas, Granville Arts Center, Urban Air Trampoline &
Adventure Park, Downtown Garland (brand new park and dozens of local restaurants), the Chua Dao Quang Buddhist Temple (a weekend favorite,
opens doors to the public on weekends and hosts a local market), and Methodist Medical Center. The Hotel is also next door to the Curtis Culwell
Center, Naaman Forest High school and the Gilbreath-Reed Career and Technical Center, as well as walking distance from several well-known
restaurants.
This offering represents an exceptional opportunity to acquire a strategically located, high-quality, mid-scale hotel in the thriving, fast-growing and highly
desirable Garland-Richardson area, available unencumbered of management and debt, and offered below replacement value.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 91 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2018 |
| Building Class | B | Parking Ratio | 1.83/1,000 SF |
| Lot Size | 2.00 AC | Corridor | Interior |
| Building Size | 47,528 SF | ||
| Zoning | Commercial - Commercial | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.00 AC |
| Building Size | 47,528 SF |
| No. Rooms | 91 |
| No. Stories | 4 |
| Year Built | 2018 |
| Parking Ratio | 1.83/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Digital key
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 91 | $146.55 CAD | - |
PROPERTY TAXES
| Parcel Number | 261792400304R0000 | Improvements Assessment | $7,905,413 CAD |
| Land Assessment | $1,464,604 CAD | Total Assessment | $9,370,017 CAD |
PROPERTY TAXES
Parcel Number
261792400304R0000
Land Assessment
$1,464,604 CAD
Improvements Assessment
$7,905,413 CAD
Total Assessment
$9,370,017 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Tru by Hilton Garland Richardson | DFW | 5055 N President George Bush Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.