214-226-7500
4796 Memorial Dr, The Colony, TX for Sale
Hospitality - FOR SALE
1/29
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4796 Memorial Dr
The Colony, TX 75056


OVERVIEW

The Comfort Suites in The Colony, exclusively listed with Tabani Realty, opened in 1998 and underwent recent renovations from 2020 to 2021. This 71-room smoke-free hotel boasts interior corridors and occupies 41,867 square feet across 3 floors, sitting on a 1.722-acre parcel included in the sale. With a consistent track record of high occupancy and revenue, the property has been fully remodeled under the Rise and Shine design scheme, with the remaining furniture scheduled for replacement by November. Guests have praised the hotel with very positive reviews, highlighting its array of amenities. This pet-friendly and smoke-free establishment offers complimentary Wi-Fi, parking, a hot breakfast, and an on-site sundry. Additionally, it features a business center, meeting space, fitness center, indoor pool, guest laundry facilities, and an outdoor picnic area. Each spacious guest room is well-equipped with premium bedding, a sitting area, a work desk, a mini refrigerator, a microwave, and a Keurig coffee maker. Strategically situated, the hotel enjoys proximity to various shopping, dining, and entertainment options such as TopGolf, The Shops of Legacy, Legacy West, the Shops at Willow Bend Mall, Stonebriar Mall, Ikea, Nebraska Furniture Mart, and Hawaiian Falls Waterpark. For sports enthusiasts, it's conveniently located near The Star (Dallas Cowboys), Dr. Pepper Ballpark, and Toyota Stadium (FC Dallas). Furthermore, it's a short distance from multiple corporate headquarters, approximately a 10-minute drive away.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

71

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Suites The Colony - Plano West

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1999

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

PD

APN/PARCEL ID

R199344

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.