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Holiday Inn Express & Suites Dallas East 8703 E R L Thornton Fwy 90 Room Hotel Dallas, TX 75228 $13,099,200 CAD ($145,547 CAD/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 | $13,099,200 CAD | Building Size | 59,535 SF |
| Price Per Room | $145,547 CAD | 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 | $13,099,200 CAD |
| Price Per Room | $145,547 CAD |
| 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 | $185.57 CAD | - |
| Guest Room | 42 | $126.90 CAD | - |
1 1
Property Taxes
| Parcel Number | 008474000F0020000 | Improvements Assessment | $6,211,604 CAD |
| Land Assessment | $730,363 CAD | Total Assessment | $6,941,967 CAD |
Property Taxes
Parcel Number
008474000F0020000
Land Assessment
$730,363 CAD
Improvements Assessment
$6,211,604 CAD
Total Assessment
$6,941,967 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Holiday Inn Express & Suites Dallas East | 8703 E R L Thornton Fwy
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