755b Vista Ridge Mall DrLewisville, TX 75067

For Sale
Call for price

62-Room Hotel, Recently Renovated

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 62-key hotel in Lewisville, Texas presents a compelling value-add investment opportunity. The 31,830 square foot property, built in 1995 and extensively renovated in 2023, boasts a contemporary design and functional layout spread across three floors. Its prime location at the intersection of Highway 121 and I-35E provides easy access to the Dallas-Fort Worth metroplex, catering to both business and leisure travelers. The hotel benefits from its proximity to major corporations, conference centers, and transportation links, ensuring high occupancy rates. Within walking distance of Vista Ridge Mall, and a short drive from Grapevine Mills Mall, Gaylord Texan Convention Center, and DFW Airport (8 miles), the hotel offers guests convenient access to shopping, entertainment, and travel hubs. The property also includes an on-site manager's apartment. Zoned LI, this 100% smoke-free hotel offers significant upside potential, making it an ideal acquisition for hospitality investors seeking a strong return on investment. The property sits on a 1.05-acre lot and offers easy access to major attractions such as AT&T Stadium and The Sixth Floor Museum (approximately 30 minutes away), as well as the University of North Texas and Texas Woman's University (20 miles). This is a rare opportunity to acquire a well-maintained, recently renovated hotel in a high-demand location, offered below replacement cost.

Highlights

  • Offered below replacement cost.
  • Value-add opportunity for owner-operators.
  • Features an onsite manager's apartment.
  • Recently renovated in 2023.
  • 62-key hotel with 3 floors.
  • Prime location at Highway 121 and I-35E intersection.

Property Details for 755b Vista Ridge Mall Dr

Property type
Other hospitality properties, Motels
Square Feet
31,830 SF
Year Built/Renovated
1995/2023
Buildings
1
Stories
3
Lot Size (sq. ft)
45,738 SF

Location Insight

City
Lewisville
County
Denton
State
Texas
Latitude
33.0008407
Longitude
-96.967177
755b Vista Ridge Mall Dr, Lewisville, Texas

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755b Vista Ridge Mall Dr
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