INVESTMENT HIGHLIGHTS
HIGH CASH FLOWING ASSET WITH ADDITIONAL UPSIDE
The Hilton Garden Inn Dallas Duncanville is a high-performing asset, generating $5,912,310 in Total Revenue and $1,258,629 in in-place cash flows with a 21.3% NOI margin for the Trailing Twelve Month (“TTM”) period ending October 2024. The Hotel achieved a RevPAR of $89.23 during this period, ranking 4 out of 7 in its competitive set. Additional upside exists through a change-of-ownership PIP and the implementation of a more streamlined management strategy. A new owner can capitalize on operational efficiencies and cost savings compared to the current institutional management model.
OFFERED BELOW REPLACEMENT COST IN HIGH GROWTH MARKET
The Hilton Garden Inn Dallas Duncanville is being offered at a discount to replacement cost. Dallas-Fort Worth ranks as one of the fastest-growing metropolitan areas in the nation, with its population increasing by over 150,000 people in 2023 alone, representing 32.2% of Texas’ total population growth for the year. Over the past 5 years, 32 business headquarters have relocated to Dallas, solidifying its position as a hub for economic and corporate expansion. The offering presents an opportunity to buy into an exponentially growing market at an attractive basis.
SIGNIFICANT EVENT SPACE WITH UNTAPPED REVENUE POTENTIAL
The Hilton Garden Inn Dallas Duncanville is renowned for its expansive 14,454 square feet of event and meeting space, the largest in the Dallas/Duncanville market. This space accommodates numerous conventions annually, surpassing local competitors in volume and scale. The Hotel features 13 meeting rooms of various sizes and 3 grand ballrooms that can accommodate larger functions. The Hotel’s meeting space is currently underutilized, presenting significant upside potential through enhanced sales and marketing efforts to drive additional group and event business. This flexibility makes it suitable for a wide range of events, from small meetings to large conventions. In addition to its top-tier meeting facilities, the Hilton Garden Inn Dallas Duncanville offers exceptional in-house catering services. The Hotel is positioned to capture additional revenue beyond what is typically achieved by select-service hotels. By offering unparalleled event space, catering services, and versatility, the Hilton Garden Inn Dallas Duncanville stands out as a premier destination for conventions, weddings, sports teams, and competitions.
RECENTLY RENOVATED ASSET
The Hilton Garden Inn Dallas Duncanville underwent a ~$3.5 million (~$24,600 per key) renovation in 2021, and the Hotel is in excellent condition overall. Minimal CapEx is expected upon sale, allowing new ownership to focus on operations and benefit from strong in-place and future cash flow, as well as from the post renovation ramp-up.
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.
