1015 Elm St - Hospitality FOR SALE


Dallas, TX 75202- West End
$43,500,000 USD
661-978-3109
1015 Elm St, Dallas, TX for Sale
$43,500,000 USD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

1015 Elm St
Dallas, TX 75202
West End


HIGHLIGHTS

  • PRIME Downtown Dallas Skyline Real Estate
  • One of the most compelling value-add hospitality opportunities in Texas
  • 800-space parking garage with recurring income
  • Priced significantly below appraised value and replacement cost

OVERVIEW

Hotel Brokers of America is pleased to exclusively present the Crowne Plaza Dallas Downtown, a 293-key full-service hotel strategically positioned in the heart of the Dallas Central Business District. Located along Elm Street in Downtown Dallas, the property offers immediate access to the city’s largest convention, corporate, entertainment, and tourism demand generators while presenting substantial upside through rebranding, renovation, repositioning, and future redevelopment opportunities.

FOR SALE DETAILS

PRICE

$43,500,000 USD

PRICE/SF

$96 USD /SF

# OF ROOMS

291

PRICE/ROOM

$149,485 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crowne Plaza Dallas Downtown

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

23

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1969

PARKING SPACES

450

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

Z21

APN/PARCEL ID

00000100360000000

ASK ABOUT THIS PROPERTY

Subhash NaikHotel Brokers of AmericaMore Info
661-978-3109

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Subhash NaikHotel Brokers of AmericaMore Info
661-978-3109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.