713-577-1760
4900 Edwin Lewis Dr, Addison, TX for Sale
Hospitality - FOR SALE
1/5
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4900 Edwin Lewis Dr
Addison, TX 75001


HIGHLIGHTS

  • Opportunity to acquire an institutionally-owned, 132-room, Hyatt House that sits on 4.00 acres of land in Addison.
  • New City of Addison requirements make the city one of the highest barrier-to-entry markets in DFW for select service and extended-stay hotels.
  • The hotel is well-positioned to convert to WaterWalk Extended Stay by Wyndham to further drive return on investment for potential buyer.

OVERVIEW

CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Hyatt House Dallas Addison in Addison, Texas. Located close to Addison Airport, the Galleria Dallas, and 30 minutes north of the center of Dallas, the 132-room hotel receives business from a diverse population of both corporate and leisure segments.

FOR SALE DETAILS

PRICE

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# OF ROOMS

132

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hyatt House Dallas/Addison

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1995

PARKING SPACES

128

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

Z32

APN/PARCEL ID

100054900A0010000

ASK ABOUT THIS PROPERTY

Michael YuCBRE, Inc.More Info
713-577-1760

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Michael YuCBRE, Inc.More Info
713-577-1760

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.