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2700 Travis StDeSoto, TX 75115
Towneplace Suites - Desoto, TX
Asset ClassHotel & Hospitality
Motivated Seller | Bring All Offers
overview of deal

Overview

HIGHLIGHTS AND LOCATION Hotel Brokers of America is pleased to present the TownePlace Suites Dallas DeSoto, a 99-key, extended-stay Marriott asset located just 15 minutes south of Downtown Dallas. Positioned in the growing DeSoto submarket, this institutional-quality property benefits from strong in-place cash flow, minimal PIP requirements, and a premium brand affiliation. PROPERTY OVERVIEW:

  • Flagged Extended-Stay Asset – Backed by Marriott's strong brand recognition, loyalty program, and flexible franchise model.
  • High-Performing Hotel – Strong occupancy over 81%, with upward trend in RevPAR and rate.
  • Attractive Returns – Delivers compelling in-place cash flow with cap rates of 9.58% (actual).
  • Minimal Capital Needs – Estimated PIP of only $150,000 following recent 2023 renovations.
  • Prime DFW Location – Strategically positioned along the I-35E corridor with access to key demand generators across South Dallas and the surrounding region.

KEY DEMAND GENERATORS

  • Healthcare Demand – Located near Methodist Charlton Medical Center and Baylor Scott & White. Frequently serves guests visiting long-term patients.
  • Corporate & Logistics Hub – Close proximity to major employers like Amazon, Kohl’s Distribution, and Solar Turbines.
  • Accessibility to Dallas CBD – Just 15 miles north via I-35E, capturing overflow demand from downtown.
  • Southern Gateway Expansion – $1.7B infrastructure project enhancing long-term connectivity and value.
  • Leisure & Local Events – Near DeSoto Civic Center, Joe Pool Lake, and Eagle Stadium, boosting weekend and seasonal stays.

SURROUNDING MSAs

  • Dallas–Fort Worth–Arlington – 7.8M+ population, home to 25+ Fortune 500 companies and one of the fastest-growing job markets.
  • Midlothian–Waxahachie – Rapid population growth and industrial expansion along U.S. 287 and Hwy 67.
  • Arlington, TX – A major tourism and convention hub just 30 minutes away.
  • Irving–Las Colinas – Prominent corporate corridor, 35 minutes north.
  • Fort Worth CBD – Metro anchor and growing demand center, 40 minutes west via I-20.

LOAN OPTIONS: Multiple loan options are available:

  • SBA 504 Financing – As low as 20% down; rates currently in the high 6% range.
  • Conventional Loans – Available with a minimum 35% down.

Hotel Brokers of America and H3O Capital can assist in arranging introductions to qualified hospitality lenders.

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Investment Highlights

📌Flagged Extended-Stay Asset – Backed by Marriott's strong brand recognition, loyalty program, and flexible franchise model. 📌High-Performing Hotel – Strong occupancy over 81%, with upward trend in RevPAR and rate. 📌Attractive Returns – Delivers compelling in-place cash flow with cap rates of 8.43% (actual) and 8.85% (projected). 📌Minimal Capital Needs – Estimated PIP of only $150,000 following recent 2023 renovations. 📌Prime DFW Location – Strategically positioned along the I-35E corridor with access to key demand generators across South Dallas and the surrounding region.

 

· Building SF: 63,097 SF

· Lot Size: 2.06 Acres

· Year Built: 2009

· Floors: 4

· Rooms: 99

· Corridors: All Rooms Have Interior Hallways

· Occupancy: 81.70%

· Room Windows: Windows Open

· Suites: Yes - One and Two Bedrooms

· Meeting Rooms: Yes

· Dining Facilities: Free Breakfast Buffet

· Fitness Center/Pool: Yes | Yes - Indoor

· Average Daily Rate: $136.46

· Star Class Rating: 2-Star

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2700 Travis StDeSoto, TX 75115

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Listing provided by Revere CRE