1521 Inwood RdDallas, TX 75247

For Sale
Call for price

Profitable 85-key hotel in Dallas, TX

Overview

Added:
Dec 11, 2024
Days on market:
94
This 100,580 square foot, four-story Comfort Inn & Suites, built in 2008, presents a compelling investment opportunity in Dallas' thriving medical district. Boasting a prime location off Stemmons Freeway and Irving Boulevard, the hotel benefits from high visibility and traffic flow exceeding 60,000 vehicles daily. The property's success is further amplified by the area's robust economic growth, fueled by a significant medical development pipeline totaling $3 billion in projects over the next four years. This expansion, coupled with consistent year-over-year increases in Average Daily Rate (ADR) and Revenue per Available Room (RevPAR) within the Dallas Medical District, ensures strong long-term investment value. The hotel's strategic location also benefits from the proximity to a planned massive industrial development, which will further increase demand for lodging from business travelers and industry workers. This property offers a unique blend of established performance and future growth potential in one of Dallas' most dynamic submarkets. The Dallas Medical Center submarket consistently ranks among the top performers in the DFW MSA, promising continued upward trajectory and substantial returns. This 85-key hotel is a rare opportunity to capitalize on the significant growth and development within this high-demand area.

Highlights

  • Prime location in the high-growth Dallas Medical Center submarket, a top performer in the DFW MSA, ensuring strong long-term investment value.
  • $3 billion in planned medical developments within the next four years will significantly increase demand.
  • The Dallas Medical District shows consistent year-over-year increases in ADR and RevPAR, indicating strong market performance.
  • High visibility and traffic counts exceeding 60,000 vehicles daily due to the property's location off Stemmons Freeway and Irving Boulevard.
  • Nearby planned industrial development will further boost demand from business travelers and workers, adding to property value.

Property Details for 1521 Inwood Rd

Property type
Other hospitality properties, Hotels
Square Feet
100,580 SF
Year Built
2008
Stories
4

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.809777817752
Longitude
-96.851127997581
1521 Inwood Rd, Dallas, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1521 Inwood Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message