for sale - loopnet...investment opportunity 2421 walnut hill lane, dallas, tx 75229 for sale salman...
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INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229
FOR SALE
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
Sale Price: $8,200,000
Building Size: 47,450 SF
Lot Size: 2.26 Acres
Number Of Rooms: 121
Cap Rate: 7.03%
NOI: $576,540
Year Built: 1983
Renovated: 2019
Zoning: Hospitality/Commercial
Market: Dallas
Submarket: DFW
OFFERING SUMMARY PROPERTY OVERVIEW
The La Quinta Inn & Suites in Dallas is listed exclusively with Tabani Realty. Theproperty is offered on a fee simple basis. LaQuinta Dallas was built in 1983and most recently remodeled in 2018 to new LQ UP design standards. Thehotel has 121 rooms in a single building with interior corridors across 4 floors.The overall building size is 47, 450 SF and sits on 2.26 acres with the buildingone of the major highway 35. Some of the amenities that the hotel offers arean outdoor pool, a fitness center, business center, meeting room, andcomplimentary area shuttle that goes to Dallas Love Field Airport. Guests willalso enjoy free parking, free WiFi, 24-hr front desk, and complimentarycontinental breakfast.
ADDITIONAL INFORMATION
Please note that this a brief informational flyer. To get moreinformation, such as financials and STR reports, please create anaccount on our website to view the full Offering Memorandum. Startby clicking the button with a lock that mentions "OM" on the listingpage. You can then sign an electronic confidentiality agreement.Please email us directly at [email protected] if you needassistance.
FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229
Executive Summary
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229
Additional Photos
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229
Additional Photos
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229
Additional Photos
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229
Location Maps
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229
Retailer Map
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
POPULATION 1 MILE 5 MILES 10 MILES
Total population 1,297 214,262 1,047,197
Median age 30.9 32.6 33.6
Median age (Male) 32.2 32.2 33.3
Median age (Female) 30.2 32.8 33.9
HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES
Total households 520 74,413 415,745
# of persons per HH 2.5 2.9 2.5
Average HH income $51,461 $77,047 $87,288
Average house value $253,933 $296,500
* Demographic data derived from 2010 US Census
FOR SALE | INVESTMENT OPPORTUNITY2421 Walnut Hill Lane, Dallas, TX 75229
Demographics Map & Report