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Hotel-Motel

Hampton Inn & Suites Dallas/ Richardson

2250 N Glenville Dr, Richardson, TX 75082

Listing Price: Request For Offer

Number of Rooms
101
RevPAR
$72
Year Built
2016

Investment Overview

High-Quality Asset in Exceptional Condition: The Hampton by Hilton Inn & Suites Dallas/Richardson is an upper midscale hotel featuring 101 spacious guest rooms and several amenities such as an outdoor pool, business center, and fitness center. The Property is a four-story interior corridor hotel located in Richardson, Texas.

Prime Location with Easy Access to Market Demand Generators: The Property is visible from U.S. 75 and the President George Bush Turnpike. The hotel is 16.5 miles from downtown Dallas, 2.8 miles from the University of Texas Dallas, and 7.6 miles from Texas Instruments Incorporated Headquarters.

Significant Top-Line Revenue and Impressive RevPAR Penetration: The Property’s recent RevPAR averaged more than $71, achieving revenues above $2.6 million in the TTM April 2023 period. The Property has posted 120%+ RPI since 2022.

The Hampton Inn & Suites by Hilton Brand: With more than 2,200 Hampton Inn (& Suites) by Hilton properties in 19 Countries, the brand offers a hotel design experience that is unique from its competitors. Hampton by Hilton is a global category leader that remains simple to build and simple to operate. The Property greatly benefits from their Hilton Worldwide Brand Affiliation, which provides a powerful reservation system, and strong brand loyalty created by the popular Hilton Honors program.

Thriving Dallas/Fort Worth Economy: The Dallas Economy is one of the strongest and most diverse in the country supporting a broad range of businesses in key long-term growth industries including oil/gas, Aerospace/defense, transportation, healthcare, and financial services. The market consistently ranks as on of the top regions in the nation for conducting business. Major contributing factors to its growth include low cost of living, business-friendly environment, strong base of well-educated and skilled employees, and unmatched access to both U.S. and world markets through its transportation network. Dallas-Fort Worth is home to 24 fortune 500 companies including ExxonMobile, AT&T, Southwest Airlines, J.C. Penney and Texas Instruments.

Clean Offering: The Property is Fee Simple Real Estate and clear of existing management and financing contracts.

Investment Highlights

  • Four-Story, 101- Room, Hilton-Branded, Interior-Corridor Hotel
  • Located in DFW MSA
  • Easily Accessible and Highly Visible from U.S. 75 and the President George Bush Turnpike
  • TTM April 2023 Room Revenues Exceeded $2.6 Million
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

Exclusively Listed By

Financing By

Hotel-Motel

Hampton Inn & Suites Dallas/ Richardson

Listing Price: Request For Offer

Number of Rooms
101
RevPAR
$72
Year Built
2016

Investment Highlights

  • Four-Story, 101- Room, Hilton-Branded, Interior-Corridor Hotel
  • Located in DFW MSA
  • Easily Accessible and Highly Visible from U.S. 75 and the President George Bush Turnpike
  • TTM April 2023 Room Revenues Exceeded $2.6 Million
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

Investment Overview

High-Quality Asset in Exceptional Condition: The Hampton by Hilton Inn & Suites Dallas/Richardson is an upper midscale hotel featuring 101 spacious guest rooms and several amenities such as an outdoor pool, business center, and fitness center. The Property is a four-story interior corridor hotel located in Richardson, Texas. Prime Location with Easy Access to Market Demand Generators: The Property is visible from U.S. 75 and the President George Bush Turnpike. The hotel is 16.5 miles from downtown Dallas, 2.8 miles from the University of Texas Dallas, and 7.6 miles from Texas Instruments Incorporated Headquarters. Significant Top-Line Revenue and Impressive RevPAR Penetration: The Property’s recent RevPAR averaged more than $71, achieving revenues above $2.6 million in the TTM April 2023 period. The Property has posted 120%+ RPI since 2022. The Hampton Inn & Suites by Hilton Brand: With more than 2,200 Hampton Inn (& Suites) by Hilton properties in 19 Countries, the brand offers a hotel design experience that is unique from its competitors. Hampton by Hilton is a global category leader that remains simple to build and simple to operate. The Property greatly benefits from their Hilton Worldwide Brand Affiliation, which provides a powerful reservation system, and strong brand loyalty created by the popular Hilton Honors program. Thriving Dallas/Fort Worth Economy: The Dallas Economy is one of the strongest and most diverse in the country supporting a broad range of businesses in key long-term growth industries including oil/gas, Aerospace/defense, transportation, healthcare, and financial services. The market consistently ranks as on of the top regions in the nation for conducting business. Major contributing factors to its growth include low cost of living, business-friendly environment, strong base of well-educated and skilled employees, and unmatched access to both U.S. and world markets through its transportation network. Dallas-Fort Worth is home to 24 fortune 500 companies including ExxonMobile, AT&T, Southwest Airlines, J.C. Penney and Texas Instruments. Clean Offering: The Property is Fee Simple Real Estate and clear of existing management and financing contracts.

Exclusively Listed By

Financing By

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