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Bishop Arts Suites 921 E 8th St 14 Room Hotel Dallas, TX 75203 For Sale
Investment Highlights
- 14-room motel
- Significant recent capital improvement
- Close proximity to Bishop Arts District and Downtown Dalla
- Owner's apartment on-site
- Adjacent future Starbucks location
- Turnkey owner-operator opportunity
Executive Summary
Exceptional Owner-Operator Opportunity in the Bishop Arts District | Dallas, Texas
Rarely available 14-room motel ideally positioned near Downtown Dallas and the thriving Bishop Arts District. This well-maintained hospitality asset presents a compelling opportunity for an owner-operator seeking stable cash flow with minimal deferred maintenance.
Recent Capital Improvements Include:
Brand-new PTAC units throughout all guest rooms
Newly installed roof
Freshly paved parking lot
New tankless water heater
New washer and dryer
Newly constructed owner's apartment, ideal for on-site management
Adding to the property's long-term appeal, a new Starbucks is currently under development adjacent to the motel and is anticipated to open in December, further enhancing the area's visibility, traffic counts, and customer convenience.
With its prime location near popular restaurants, retail, and entertainment, this turnkey hospitality property is positioned to attract both short-term and extended-stay guests. A turnkey investment in a prime location, offering both stability and long-term growth potential.
Rarely available 14-room motel ideally positioned near Downtown Dallas and the thriving Bishop Arts District. This well-maintained hospitality asset presents a compelling opportunity for an owner-operator seeking stable cash flow with minimal deferred maintenance.
Recent Capital Improvements Include:
Brand-new PTAC units throughout all guest rooms
Newly installed roof
Freshly paved parking lot
New tankless water heater
New washer and dryer
Newly constructed owner's apartment, ideal for on-site management
Adding to the property's long-term appeal, a new Starbucks is currently under development adjacent to the motel and is anticipated to open in December, further enhancing the area's visibility, traffic counts, and customer convenience.
With its prime location near popular restaurants, retail, and entertainment, this turnkey hospitality property is positioned to attract both short-term and extended-stay guests. A turnkey investment in a prime location, offering both stability and long-term growth potential.
Property Facts
| Sale Type | Investment | No. Rooms | 14 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1984 |
| Building Class | C | Parking Ratio | 1.17/1,000 SF |
| Lot Size | 0.30 AC | Corridor | Exterior |
| Building Size | 12,000 SF | Opportunity Zone |
Yes
|
| Zoning | Z239 | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 12,000 SF |
| No. Rooms | 14 |
| No. Stories | 1 |
| Year Built | 1984 |
| Parking Ratio | 1.17/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | Z239 |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 14 | $93.80 CAD | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Good public transit
60/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 00000251068000000 | Improvements Assessment | $12,202 CAD |
| Land Assessment | $573,476 CAD | Total Assessment | $585,677 CAD |
Property Taxes
Parcel Number
00000251068000000
Land Assessment
$573,476 CAD
Improvements Assessment
$12,202 CAD
Total Assessment
$585,677 CAD
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Bishop Arts Suites | 921 E 8th St
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