• La Quinta Inn & Suites Dallas North Central   

CBRE Hotels;

CBRE Hotels is soliciting offers to acquire the fee-simple interest in the La Quinta Inn & Suites Dallas North Central. The property is located directly off Interstate 75, nestled among Texas Health Presbyterian Hospital Dallas, Walnut Glen Tower, and several restaurant and recreation area. Thanks to its prime location, the 127-room hotel receives business from a diverse population of both corporate and leisure travelers.

Investment Highlights

  • La Quinta Inn & Suites - Opportunity to acquire a 127-room, seven-story, La Quinta Inn & Suites that is located on North Central Expressway, under 15 minutes away from Dallas Love Field Airport and Downtown Dallas.
  • Prime Location - The hotel is located along the Interstate 75 corridor, highly visible from the expressway.
  • Strong Upside - The property is due for a refresh PIP. Upon the completion of the PIP, there is considerable potential for market penetration for a prospective investor.
  • Out-of-State Owner/Management Upside - The current owner is located out-of-state and operating the hotel absentee. The hotel is offered unencumbered by management, allowing a more hands-on operator to maximize upside through improvement in revenue management and reduction in hotel operating costs.
  • Strong Demand Base - The hotel is in proximity to multiple hotel demand generators, including The Galleria Dallas, Downtown Dallas, and Dallas International District. Additionally, the property is within a short distance to two major medical care providers in the area - Texas Health Presbyterian Hospital Dallas and Medical City Dallas Hospital.
  • Dallas/Fort Worth (DFW) MSA is the Third-Largest Metro Area in the Country and the Largest in the South - Contributing about one-third of Texas’ GDP, DFW’s economy is the most diverse in the state. Thanks to its central location, low cost of living, world-class cultural and art institutions, state-of-the-art hospitals, universities, and robust transportation connectivity, DFW has become a top relocation destination for corporations and job seekers alike.

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