2979 N Stemmons Fwy - Hospitality FOR SALE
Dallas, TX 75247 |
2979 N Stemmons Fwy
Dallas, TX 75247
HIGHLIGHTS
- Fee simple interest in the corporate-owned and managed 97-room Extended Stay America (ESA) Dallas Market Center.
- Available for individual sale, part of a South / Southeast ‘Sun-Belt’ 17-property portfolio available in the auction events ending on March 15th-16th.
- Property tours are available 2/28 /2023-3/1/2023, please contact the listing broker to schedule your appointment.
- Ability to purchase any combination of the 17-assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
- Strong in-place performance with trailing-12-month year-over-year average RevPAR gains of +19%.
- Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
ESA - Market Ctr Dallas, TX
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
59754
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1997
PARKING SPACES
91
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
Z151
APN/PARCEL ID
007910000A0010000
