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2645 Lyndon B Johnson Fwy
Dallas, TX 75234

Price Upon Request

Hotel For Sale • 217,789 SF

Property Details

Property Type Hotel
Total Building Size 217,789 SF
Lot Size 7.1 AC
Building Class B
Year Built 1970
Tenancy Multiple
Zoning PD

33 Transit Score

57 Walk Score

                
                    Highlights
                
                                The Hotel is being sold free & clear of debt, and without a management company in place, providing a new owner with operational control 
                            
                                With only one, new, competitive hotel currently under construction, or in the final planning stage in the submarket, there is a low risk of supply sat
                            
                                The value-add proposition is based on repositioning the property through an acquisition of a new brand
                            
                                “Low Basis” Opportunity: The Hotel is being offered at both a discount to replacement cost and at a discount to previous sales of like-kind hotels 
                            
                                The seller is a private equity firm based in Houston. The Hotel is an outlier within the owner’s real estate portfolio.

Amenities

Balcony
Business Center
Fitness Center
Pool
Restaurant
Room Service
High Speed Internet Access
Patio
On-Site Bar
Meeting Event Space
Wedding Venue
Public Access Wifi
Smoke-Free

Public Transportation

Commuter Rail	Drive	Walk	Distance
Trinity Mills Station (Green Line - Dallas Area Rapid Transit (DART))	9 min	-	6.0 mi
Downtown Irving/Heritage Crossing Station (Trinity Railway Express - Dallas Area Rapid Transit (DART))	14 min	-	9.6 mi
Airport	Drive	Walk	Distance
Dallas Love Field	17 min	-	8.6 mi
Dallas-Fort Worth International	20 min	-	14.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	467
Type:	Surface
Included in Rent:	Yes

Bob Baker 214-403-4615 Bracket Real Estate, Inc.

2645 Lyndon B Johnson Fwy Dallas, TX 75234