TOURS: January 27th & 28th

COURTYARD DALLAS MEDICAL / MARKET CENTER
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TEXAS

184 Keys | 5 Stories

1990 Year Built | 2016 Year Renovated

2150 Market Center Blvd, Dallas, TX 75207

TOURS: January 27th & 28th

COURTYARD DALLAS MEDICAL / MARKET CENTER

TEXAS

184 Keys | 5 Stories | 1990 Year Built | 2016 Year Renovated

2150 Market Center Blvd, Dallas, TX 75207

INVESTMENT HIGHLIGHTS

PRIME LOCATION NEAR DALLAS’ TOP DEMAND DRIVERS
The 184-key Courtyard Dallas Medical/Market Center boasts a prime location off I-35E, only 2 minutes from the Dallas Market Center—a 5-million square-foot complex that stands as the world’s most comprehensive wholesale trade resource. The Center hosts over 50 annual events, from RV and Boat Shows to Home & Garden Expos and the famed Quilt Show, utilizing space for up to 1,000 booths or 7,000 seats. The hotel is also 3 minutes from the Southwestern Medical District, an expansive 1,000-acre area dedicated to healthcare, research, and education. Serving 3.4 million visitors annually, the district is home to major medical institutions, including UT Southwestern Medical Center, Parkland Health, and Children’s Medical Center Dallas, with over 2,165 beds and 42,000 employees. Nearby, the Dallas Design District, 2 minutes from the hotel, spans 118 acres and employs over 10,000 people, contributing more than $340 million to the local economy. Additionally, the hotel is adjacent to the 80,000 square-foot Medieval Times Dinner & Tournament, a renowned entertainment venue hosting up to 1,350 guests for immersive medieval-style games, jousting, and sword-fighting shows. Further enhancing connectivity, Dallas Love Field Airport, 10 minutes from the hotel, handled approximately 17.6 million passengers in 2023 and serves as the headquarters for Southwest Airlines. Additionally, the hotel is within 10 minutes from Downtown Dallas, a major business hub home to 21 Fortune 500 companies and attracting 25.7 million visitors annually.

SIGNIFICANT OPERATIONAL UPSIDE
The Courtyard Dallas Medical/Market Center is currently institutionally managed, presenting the Buyer with an opportunity to implement a revamped management strategy. With a more localized management approach, new ownership will be able to improve on efficiencies and lower costs compared to those of a larger, institutional management company.


OFFERED BELOW REPLACEMENT COST IN HIGH GROWTH MARKET
The Courtyard Dallas Medical/Market Center is being offered at a discount to replacement cost in a growing market. Located less than 2 miles from the upcoming $5 billion pediatric health campus being developed by Children’s Health and UT Southwestern Medical Center, the hotel stands to benefit from increased demand generated by this massive project. The 33-acre campus will feature a 2 million square-foot hospital, adding substantial economic activity and attracting visitors to the area. The offering presents an opportunity to buy into an exponentially growing market at an attractive basis.


INSTITUTIONAL MARRIOTT BRANDED ASSET
Marriott’s Courtyard is one the strongest brands in the Marriott family. Premium branded assets have distinct competitive advantages compared to the rest of the market due to their large rewards and reservation systems as well as name recognition. All Marriott properties are backed by the Marriott Bonvoy reward program which boasts over 200 million members across 36 brands and more than 8,900 hotels worldwide.

LISTING CONTACTS

PHOTO GALLERY

 

ABOUT HUNTER

Hunter Hotel Advisors is the leading investment advisory firm focused exclusively on the hotel industry. Their seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory and capital markets services of any size or complexity. With over 45 years of experience in both full and select-service single assets as well as portfolio marketing, the firm’s capacity in valuation, economic analysis, and industry relationships has allowed HUNTER to consistently maximize value regardless of market conditions.

Hunter Hotel Advisors is the founder and producer of the well-known and respected Hunter Hotel Investment Conference. Since their first conference in 1989, they have had a consistent focus on producing an educational and networking format based on real estate and finance for hotel owners. After celebrating their 35th year this past March, the next conference will be held March 18-20, 2025 at the Atlanta Marriott Marquis.