8703 E R L Thornton Fwy - Hospitality FOR SALE


Dallas, TX 75228
$9,600,000 USD
661-910-8003
8703 E R L Thornton Fwy, Dallas, TX for Sale
$9,600,000 USD
Hospitality - FOR SALE
1/21
null | 9.96% Cap Rate

8703 E R L Thornton Fwy
Dallas, TX 75228


HIGHLIGHTS

  • Located in one of the fasted growing metro areas in the United States.
  • Situated in the heart of Fair Park; a major attraction area in dallas known for for sporting events, theater, conventions and concert performances.
  • High Cap Rate! | Priced below contruction costs

OVERVIEW

THE ACTUAL NOI IS $1,037,753 - LoopNet Auto calculates incorrectly

FOR SALE DETAILS

PRICE

$9,600,000 USD

PRICE/SF

$161 USD /SF

# OF ROOMS

90

PRICE/ROOM

$106,667 {currency}

CAP RATE

9.96%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Dallas East

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2008

PARKING SPACES

89

LAND DETAILS

LAND ACRES

2.05 AC

LAND SF

89,429 SF

ZONING

Z248

APN/PARCEL ID

008474000F0020000

ASK ABOUT THIS PROPERTY

Corina PalekarHotel Brokers of AmericaMore Info
661-910-8003

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Corina PalekarHotel Brokers of AmericaMore Info
661-910-8003

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