Hotels for Sale

Suburban Extended Stay Lewisville, TX

Address:
Lewisville, Texas
Description:
  • Fee simple interest in the 145-room Suburban Extended Stay offered at a substantial discount to replace cost
  • Property offered for sale in the October 30th auction event
  • Available unencumbered of debt and third-party management with the ability to retain the Suburban Extended Stay flag for a new, long-term license
  • Strong historical cash flows and anticipated double-digit walk-in cash-on-cash returns
  • Situated less than five miles north of the I-35E and the Sam Rayburn Tollway interchange with upwards of 162,000 cars passing the location daily
  • Corporate demand generators proximate to the Subject Hotel include Mary Kay, Xerox, Kellogg's, SYSCO, TIAA-CREF and Med Fusion Laboratories
  • Proximate to all regional demand including American Airlines Center, Music City Mall, Six Flags Over Texas, Dallas Fort Worth International Airport, Texas Motor Speedway, Irving Convention Center, Dallas Medical Center and Kay Bailey Hutchison Convention Center

Listing Agents

Kami Burnette
T | 512.831.5605
Email

Bennett Webster
T | 312.239.0560
Email

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