250 Municipal Dr - Hospitality FOR SALE


Richardson, TX 75080
$6,500,000 USD
214-226-7500
250 Municipal Dr, Richardson, TX for Sale
$6,500,000 USD
Hospitality - FOR SALE
1/25
null | Request Cap Rate

250 Municipal Dr
Richardson, TX 75080


HIGHLIGHTS

  • Frontage on Municipal Drive

OVERVIEW

Discover a lucrative investment opportunity with the Hawthorn Extended Stay in Richardson, Texas. This prime property offers an ideal blend of extended-stay comfort and hotel amenities, strategically located near major corporations and thriving local businesses. With spacious, well-appointed suites designed for long-term guests, Hawthorn appeals to a diverse clientele, ensuring consistent occupancy rates. Enjoy the advantages of a fully equipped business center, modern fitness facilities, and a welcoming communal atmosphere that enhances guest satisfaction. The Richardson area is experiencing robust economic growth, making this investment a timely choice. Benefit from a motivated management team focused on maximizing revenues and maintaining high standards. Invest in the Hawthorn Extended Stay to capitalize on a growing market and secure a promising return on investment while supporting quality hospitality. The proximity to key landmarks, schools, healthcare facilities, and recreational areas makes this property attractive to a range of travelers. For more information about this property, and others, please visit tabanirealty.com/listings.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$121 USD /SF

# OF ROOMS

72

PRICE/ROOM

$90,278 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hawthorn Suites by Wyndham Richardson

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1982

PARKING SPACES

85

LAND DETAILS

LAND ACRES

2.41 AC

LAND SF

104,801 SF

ZONING

LR

APN/PARCEL ID

422446500A0040000

ASK ABOUT THIS PROPERTY

Salman TabaniTabani RealtyMore Info
214-226-7500

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Salman TabaniTabani RealtyMore Info
214-226-7500

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