Holiday Inn Express | I-635 Near the Galleria
103 Hotel Rooms | Online Auction Sale | Dallas, TX 75240
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
- Sale Condition
- Ground Lease (Leasehold)
- Property Type
-
Hospitality
- Square Feet
- 74,656 SF
Listing Contacts
Jatin Jariwala
Verified Profile
Derek Rudd
Verified Profile
- Property Info
Property Overview
Take advantage of the exclusive opportunity to acquire this 103-room Holiday Inn Express & Suites, prominently located in North Dallas, Texas. This meticulously maintained hotel offers a well-rounded amenity package and luxury accommodations for business and leisure travel. Guests enjoy exclusive use of the hotel’s heated indoor pool, fitness center, 3,000-square-foot meeting and event space, outdoor courtyard, large guest rooms, and more. Holiday Inn Express & Suites North Dallas at Preston presents an attractive, cash-flowing investment in an enviable location just steps from the world-renowned Galleria Dallas Mall, which features more than 200 exclusive shops and restaurants.
Within a compact urban oasis, North Dallas has a unique combination of quality office buildings, upscale shopping, beautifully landscaped residential communities, award-winning parks, 22 hotels, and over 180 restaurants, all within a five-minute drive from anywhere in town. North Dallas is located 13 miles north of Downtown Dallas, 16 miles northeast of DFW airport, 11 miles north of Love Field airport, and about 1 mile from the Galleria Dallas. Those coming to Dallas for business will find the hotel in close proximity to many corporate offices and headquarters in the area, including FedEx/Kinkos, Merit Energy, Oxy, Mary Kay, and many others. North Dallas is actually the dining and entertainment Mecca of the Dallas/Fort Worth Metroplex and hosts a wealth of activities, including indoor rock climbing, indoor ice skating, an IMAX Movie Theater, and an outdoor amphitheater. The Downtown, West End, and Convention Center areas are just 15 minutes away. Dallas is also home to the Infomart, World Trade Center, Market Center, American Airlines Center, the Dallas Cowboys, the Dallas Mavericks basketball team, the Dallas Stars hockey team, the Texas Rangers, the Ball Park at Arlington, the Dallas Museum of Art, plus world-class symphony and ballet.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Within a compact urban oasis, North Dallas has a unique combination of quality office buildings, upscale shopping, beautifully landscaped residential communities, award-winning parks, 22 hotels, and over 180 restaurants, all within a five-minute drive from anywhere in town. North Dallas is located 13 miles north of Downtown Dallas, 16 miles northeast of DFW airport, 11 miles north of Love Field airport, and about 1 mile from the Galleria Dallas. Those coming to Dallas for business will find the hotel in close proximity to many corporate offices and headquarters in the area, including FedEx/Kinkos, Merit Energy, Oxy, Mary Kay, and many others. North Dallas is actually the dining and entertainment Mecca of the Dallas/Fort Worth Metroplex and hosts a wealth of activities, including indoor rock climbing, indoor ice skating, an IMAX Movie Theater, and an outdoor amphitheater. The Downtown, West End, and Convention Center areas are just 15 minutes away. Dallas is also home to the Infomart, World Trade Center, Market Center, American Airlines Center, the Dallas Cowboys, the Dallas Mavericks basketball team, the Dallas Stars hockey team, the Texas Rangers, the Ball Park at Arlington, the Dallas Museum of Art, plus world-class symphony and ballet.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Property Details
- Class
- B
- Year Built
- 2008
- Stories
- 4
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 94,961 SF
- Units
- 103
Highlights
- Discover the strategic opportunity to acquire Holiday Inn Express & Suites North Dallas at Preston, a well-maintained hotel with strong performance.
- Benefit from the hotel’s affiliation with IHG One Rewards, one of the world’s largest hotel loyalty programs boasting over 100 million members.
- Holiday Inn Express & Suites North Dallas at Preston is being offered below replacement cost and unencumbered by management.
- Investors will benefit by implementing aggressive marketing strategies and operational initiatives to improve occupancy and returns.
- Conveniently located along Interstate 635, the hotel garners significant demand from business and leisure travelers.
- Guests enjoy access to a wealth of nearby retail amenities, including Target, McDonald’s, Aldi, Starbucks, Taco Bell, and the famous Galleria Dallas.
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