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Hotel-Motel

Tru by Hilton The Colony

5252 Memorial Drive, The Colony, TX 75056

Listing Price: $11,300,000

Cap Rate
8.51%
Number of Rooms
111
RevPAR
$63
Gross SF
49,147
Price/Room
$101,802
RRM
4.42
Price/Gross SF
$229.92
Year Built
2020

Investment Overview

Property Details: The four-story Hilton-franchised hotel consists of 111 guest rooms located on 2.2 acres of land.

Prime Location: Located just off Sam Rayburn Tollway (Highway 121), the Property is highly visible from the expressway and is positioned across the freeway from the Grandscape Development.

New Construction Opportunity: Opened in November 2020, the Tru by Hilton The Colony is the newest midscale hotel in the sub-market.

Diverse Demand Generators: TopGolf, Toyota Headquarters North America, The Grandscape, and Legacy West Development are all located within five miles of the property as well as numerous corporate offices including FedEx, Ericsson, JCPenney, and Boeing.

Proximity to Airports: Located 15 miles from the Dallas-Fort Worth International Airport, the property is a short drive from the fourth-largest airport in the U.S., based on passenger boarding. Dallas Love Field is located 25 miles from the Property.

Unencumbered Offering: The Property is offered fee simple and clear of existing management and financing contracts. Additionally, the Property comes with a long-term 20-year franchise license from Hilton.

Investment Highlights

  • Four-Story, Midscale, Hilton Branded Property Built in 2020
  • Located 4.1 Miles Headquarters for Toyota, Liberty Mutual, USAA, & PepsiCo
  • Located 5.2 Miles from the Dallas Cowboys World Headquarters

Exclusively Listed By

Listing Price: $11,300,000

Cap Rate
8.51%
Number of Rooms
111
RevPAR
$63
Gross SF
49,147
Price/Room
$101,802
RRM
4.42
Price/Gross SF
$229.92
Year Built
2020

Investment Highlights

  • Four-Story, Midscale, Hilton Branded Property Built in 2020
  • Located 4.1 Miles Headquarters for Toyota, Liberty Mutual, USAA, & PepsiCo
  • Located 5.2 Miles from the Dallas Cowboys World Headquarters

Investment Overview

Property Details: The four-story Hilton-franchised hotel consists of 111 guest rooms located on 2.2 acres of land.

Prime Location: Located just off Sam Rayburn Tollway (Highway 121), the Property is highly visible from the expressway and is positioned across the freeway from the Grandscape Development.

New Construction Opportunity: Opened in November 2020, the Tru by Hilton The Colony is the newest midscale hotel in the sub-market.

Diverse Demand Generators: TopGolf, Toyota Headquarters North America, The Grandscape, and Legacy West Development are all located within five miles of the property as well as numerous corporate offices including FedEx, Ericsson, JCPenney, and Boeing.

Proximity to Airports: Located 15 miles from the Dallas-Fort Worth International Airport, the property is a short drive from the fourth-largest airport in the U.S., based on passenger boarding. Dallas Love Field is located 25 miles from the Property.

Unencumbered Offering: The Property is offered fee simple and clear of existing management and financing contracts. Additionally, the Property comes with a long-term 20-year franchise license from Hilton.

Exclusively Listed By

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