Below Replacement Cost. Unique opportunity to acquire an underperforming La Quinta Inn & Suites hotel in the booming Dallas/Fort Worth Metroplex below replacement cost.
Absentee Owned. The property is currently absentee-owned, presenting an opportunity for a new owner to improve current operations at the hotel.
Revenue Trend. The property has displayed steady growth over the past year as the April 2017 Monthly STR Report shows approximately 7% RevPAR growth compared to the same period last year.
Location. The hotel is located along Interstate Highway 35, one of the busiest interstates in the United States. Burleson, Texas is just 20 minutes south of Downtown Fort Worth. The hotel is located near the following demand drivers:
• Downtown Fort Worth (14 miles)
• Texas Health Huguley Hospital Fort Worth South (1.5 miles)
• Texas Christian University (12 miles)
• Dallas Cowboys AT&T Stadium (25 miles)
• DFW International Airport (35 miles)
The representations contained on this Internet page are provided based on information deemed reliable. However, the same has not been independently verified. Principals are advised to conduct a thorough due diligence for any potential transaction. CBRE Group Inc. name and logo are used herein for information purposes only.
Michael Yu and Yu Hospitality Real Estate Advisors, Inc. are licensed real estate brokers in the state of Texas. Rahul Bijlani, Eric Guerrero, Tyler Bean, Andrew Frosch, Dennis Drake, Agrama Mannapperuma and Pravin Boteju are licensed salespersons in the state of Texas and affiliated with and sponsored by CBRE Group Inc.