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Hotel-Motel

Hampton Inn & Suites Frisco

3199 Parkwood Blvd, Frisco, TX 75034

Listing Price: Request For Offer

Number of Rooms
105
RevPAR
$30
Gross SF
127,020
Year Built
2003

Investment Overview

105-room hotel in the DallasFort Worth metroplex

Marcus & Millichap has been retained to exclusively market for sale the Hampton Inn &
Suites Legacy Park in Frisco, Texas. This 105-room hotel, about 25 miles north of Dallas, is
equipped with amenities that include an outdoor pool & spa, fitness center, business center
and a complimentary breakfast buffet. Each hotel room is equipped with a flat screen television,
work desk with lamp and a seating area. Select suites include a separate living area.

The hotel went through a major renovation in 2018, whereby the current ownership spent
approximately $3.5M in capital expenditures. In addition, there is a value-add opportunity
to add 26 additional guest rooms to the existing 105 rooms, thus increasing the total room
count to 131, and potentially reduce the average cost per room basis in the asset. Contact the
listing agents to review the City of Frisco approved plans for the additional rooms.

This hotel represents an opportunity to acquire a highly sought after Hampton Inn &
Suites franchise hotel in the desirable Dallas-Fort Worth metropolitan area. Besides strong
corporate room night demand generators, other demand drivers for the property include
numerous nearby sports and entertainment venues, shopping malls, and leisure and nightlife
offerings.

THE DALLASFORT WORTH EMPLOYMENT HUB
Texas is one of three states in the U.S. that have 50 or more Fortune 500 headquarters. At
50, Texas is behind only New York State (58). DallasFort Worth is the third largest metroplex
in the country to have more than 20 Fortune 500 headquarters, with 22, behind New
YorkNewarkJersey City (65) and Chicago-Naperville-Elgin (33).

Investment Highlights

  • Part of the DallasFort Worth Metroplex
  • 25 miles north of Dallas
  • Population of More than 200,000
  • Numerous Retail, sports, Entertainment Options
  • Frisco borders Plano, a City with Several Fortune 1000 Companies

Exclusively Listed By

Hotel-Motel

Hampton Inn & Suites Frisco

Listing Price: Request For Offer

Number of Rooms
105
RevPAR
$30
Gross SF
127,020
Year Built
2003

Investment Highlights

  • Part of the DallasFort Worth Metroplex
  • 25 miles north of Dallas
  • Population of More than 200,000
  • Numerous Retail, sports, Entertainment Options
  • Frisco borders Plano, a City with Several Fortune 1000 Companies

Investment Overview

105-room hotel in the DallasFort Worth metroplex

Marcus & Millichap has been retained to exclusively market for sale the Hampton Inn &
Suites Legacy Park in Frisco, Texas. This 105-room hotel, about 25 miles north of Dallas, is
equipped with amenities that include an outdoor pool & spa, fitness center, business center
and a complimentary breakfast buffet. Each hotel room is equipped with a flat screen television,
work desk with lamp and a seating area. Select suites include a separate living area.

The hotel went through a major renovation in 2018, whereby the current ownership spent
approximately $3.5M in capital expenditures. In addition, there is a value-add opportunity
to add 26 additional guest rooms to the existing 105 rooms, thus increasing the total room
count to 131, and potentially reduce the average cost per room basis in the asset. Contact the
listing agents to review the City of Frisco approved plans for the additional rooms.

This hotel represents an opportunity to acquire a highly sought after Hampton Inn &
Suites franchise hotel in the desirable Dallas-Fort Worth metropolitan area. Besides strong
corporate room night demand generators, other demand drivers for the property include
numerous nearby sports and entertainment venues, shopping malls, and leisure and nightlife
offerings.

THE DALLASFORT WORTH EMPLOYMENT HUB
Texas is one of three states in the U.S. that have 50 or more Fortune 500 headquarters. At
50, Texas is behind only New York State (58). DallasFort Worth is the third largest metroplex
in the country to have more than 20 Fortune 500 headquarters, with 22, behind New
YorkNewarkJersey City (65) and Chicago-Naperville-Elgin (33).

Exclusively Listed By

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