1657 S Stemmons Fwy - Hospitality FOR SALE
Lewisville, TX 75067 |
1657 S Stemmons Fwy
Lewisville, TX 75067
HIGHLIGHTS
- 1657 S Stemmons Freeway, La Quinta Inn & Suites Dallas Lewisville, is a 72,018 SF, 129-room hotel recently delivered in 2020.
- Hotel amenities include an indoor pool, fitness center, modern suites, on-site bar, laundry facilities, and business center.
- Strategically positioned along Interstate 35, which sees some 150,000 vehicles per day, 10 minutes from DFW Airport and 35 from Downtown Dallas.
- Within 15 minutes to top tourist destinations such as Grapevine Aquarium, LEGOLAND Discovery Center, Great Wolf Lodge, and Cowboys Golf Club.
- Lewisville hospitality submarket is booming with room demand up 8.7% and RevPAR up 68.3% year-over-year as of April 2022.
- Opportunity to acquire a high-performing existing hotel in a submarket where 12.3% of existing inventory by room is under construction.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
La Quinta Inns & Suites Dallas Lewisville
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
72018
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2020
PARKING SPACES
123
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
F1
APN/PARCEL ID
R698430
