Investment Overview

Marcus & Millichap is pleased to present the Courtyard Dallas-Fort Worth/Bedford, a premium select service hotel offering 145 well-appointed guestrooms. This Marriott International-branded asset is strategically positioned just eight miles from Dallas Fort Worth International Airport, benefitting from exceptional regional connectivity and strong demand fundamentals. Ideally located at the intersection of Highways 121 and 183, which experience an average daily traffic volume exceeding 100,000 vehicles, the property enjoys superior visibility and accessibility within the high-growth Dallas-Fort Worth metroplex—one of the nation’s most dynamic lodging markets. The hotel underwent a comprehensive renovation in 2024, which was fully completed in 2025. This concrete block constructed hotel features a comprehensive suite of amenities, including an outdoor pool, state-of-the-art fitness center, business center, full-service bar and restaurant, and 1,382 square feet of flexible meeting space, catering to both corporate and leisure travelers. With the recent renovation, the asset ensures delivery to an investor with minimal change-of-ownership PIP requirements at sale. With its prime location, modernized facilities, and affiliation with Marriott International, the property represents a compelling value-add opportunity, offering an attractive basis significantly below replacement cost in one of the fastest growing markets in the United States. Bedford, Texas, is a key economic hub within the Dallas-Fort Worth (DFW) Metroplex, the fourth-largest metropolitan area in the United States and one of the nation’s fastest-growing economic engines. DFW is a premier corporate and commercial center, home to 24 Fortune 500 headquarters, a thriving healthcare sector, renowned universities, and a rapidly expanding tourism industry. The region benefits from an extensive transportation infrastructure, anchored by Dallas Fort Worth International Airport—one of the world’s busiest airports, handling over 73 million passengers annually and serving as a global gateway with nonstop service to more than 250 destinations worldwide. The airport’s presence fuels robust corporate travel demand, further strengthening the hospitality sector. Bedford’s strategic centrality within the Metroplex provides direct access to State Highway 121, State Highway 183, I-820, I-30, and I-35W, ensuring efficient connectivity between Dallas and Fort Worth. Situated just 15 miles west of Downtown Dallas, 12 miles east of Downtown Fort Worth, and under 10 miles from DFW Airport, Bedford is ideally positioned along the Metroplex’s major business and entertainment corridors. Additionally, Bedford is a key component of the Hurst-Euless-Bedford (HEB) corridor, a dynamic region experiencing accelerated economic expansion, driven by increasing retail, residential, and commercial development. The area boasts strong population growth, high median household incomes, and excellent school districts, making it a highly desirable location for businesses, residents, and travelers alike. With exceptional regional accessibility, a booming economic landscape, and a prime location within one of the most vibrant metropolitan areas in the U.S., Bedford stands out as an ideal destination for hospitality investment within the high-growth DFW market. The Courtyard Dallas-Fort Worth/Bedford benefits from a robust mix of corporate, healthcare, academic, and leisure demand generators, ensuring steady occupancy and revenue performance. Bedford’s strong corporate presence, along with its proximity to major employment hubs, fuels consistent business travel. Key employers, including Texas Health Resources (7.4 miles, 1,480 employees), Carter BloodCare (0.9 miles, 961 employees), and HEB Independent School District (0.4 miles, 796 employees), generate a steady stream of lodging demand from visiting professionals, vendors, and clients. The broader DFW Metroplex is home to 24 Fortune 500 headquarters, further reinforcing the region’s position as a corporate travel hub. American Airlines Group, headquartered near Dallas Fort Worth International Airport (5.6 miles), contributes year-round demand from executives, flight crews, training programs, and industry conferences. Nearby, Kimberly-Clark (13 miles, Irving) hosts a constant flow of executives, suppliers, and business partners. These corporate giants, along with numerous financial, technology, and logistics firms, drive sustained weekday occupancy and group business travel. The area’s leading medical centers and universities serve as additional demand catalysts. Texas Health Harris Methodist Hurst-Euless- Bedford (0.9 miles) and Baylor Scott & White All Saints Medical Center – Fort Worth (19.2 miles) attract medical professionals, patients, and families seeking extended lodging options. These facilities specialize in cardiology, oncology, transplantation, and women’s and children’s healthcare, bringing a continuous influx of visitors. The DFW Metroplex is also a major academic hub, with institutions like The University of Texas at Arlington (10.1 miles) and Southern Methodist University (22.4 miles) drawing students, faculty, guest speakers, and event attendees. The steady rotation of academic conferences, collegiate sports, and alumni events sustains hospitality demand throughout the year. Beyond business and healthcare, Bedford is ideally positioned near top-tier recreational and entertainment venues, making it a sought-after destination for leisure travelers. The city itself offers 28 miles of hiking and biking trails, along with community-driven events such as the Bedford Blues & BBQ Festival (0.9 miles), which draws significant regional attendance. The hotel’s proximity to world-class professional sports and entertainment venues further amplifies its demand potential. Nearby attractions include: • AT&T Stadium (8.6 miles) – Home of the Dallas Cowboys (NFL) and host to major concerts and sporting events. • Globe Life Field (9.0 miles) – Home of the Texas Rangers (MLB) and a premier baseball destination. • American Airlines Center (20.7 miles) – Hosting the Dallas Mavericks (NBA), Dallas Stars (NHL), and year-round entertainment. • Six Flags Over Texas (9.6 miles) & Hurricane Harbor (8.1 miles) – Two of Texas’ most visited amusement destinations. • Lone Star Park (12.1 miles) – A major thoroughbred horse racing venue attracting seasonal crowds. These attractions, along with Dallas Fort Worth International Airport’s role as a global transit hub, ensure a continuous flow of business and leisure travelers, reinforcing Bedford’s position as a highly desirable hospitality investment market within the rapidly expanding Dallas-Fort Worth Metroplex.