Overview
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Courtyard Dallas Grand Prairie (“Hotel” or “Property”), located at 2850 S State Highway 161 in Grand Prairie, Texas. The select-service, Marriott-branded Hotel offers investors the opportunity to acquire a recently constructed hospitality asset with established operating cash flow, situated within a central Dallas-Fort Worth infill location. The Property generates approximately $5.5M gross revenue and $2.375M EBITDA before FFE Reserves, providing an in-place income stream within one of the nation’s largest and most economically diverse metropolitan areas. The Hotel is being offered on a “Request for Offers” basis; interested parties are encouraged to contact the listing agent for additional information.
Investment Highlights
The Hotel occupies a strategic position along the SH-161 corridor, directly proximate to EpicCentral, a 172-acre mixed-use entertainment district that has emerged as one of North Texas’s leading dining, recreation, and event destinations. Grand Prairie’s location at the geographic center of the Metroplex — roughly equidistant from downtown Dallas and downtown Fort Worth — supports a broad and diversified demand base spanning corporate travel, aerospace and defense-related business, regional sporting events, group and convention business, and leisure visitation tied to the Arlington Entertainment District.
Continued commercial development, population growth, and infrastructure investment along the corridor are expected to support long-term lodging fundamentals and reinforce the market’s positioning within the broader DFW lodging landscape. Grand Prairie’s central location, extensive highway infrastructure, and expanding entertainment and industrial base have positioned the city as one of the more dynamic secondary lodging markets within the Metroplex, supported by a stable and diversified mix of corporate, group, and leisure demand drivers.
Investment Highlights
- High-Quality, Recently Constructed Asset: 120-Room Select-Service Courtyard by Marriott Built in 2021.
- Strong Existing Cash Flow: Property Generates Approximately $5.5M gross revenue and $2.375M EBITDA before FFE Reserves.
- Premier Marriott Brand Affiliation: Benefits From Marriott’s Established Brand Recognition and Extensive Guest Loyalty Network.
- Strategic State Highway 161 Location: Positioned Along a Major Regional Transportation Corridor Providing Convenient Access Throughout Grand Prairie and the Dallas-Fort Worth Metroplex.
- Positioned Near EpicCentral: Near Grand Prairie’s Growing Entertainment and Mixed-Use Destination Featuring Dining, Recreation, Events, and Family-Oriented Attractions.
- Central Dallas-Fort Worth Position: Strategically Located Between Dallas and Fort Worth With Access to Major Employment, Entertainment, and Population Centers Across the Metroplex.
- Diverse Regional Demand Base: Benefits From Corporate Travel, Regional Events, Sports Tournaments, Group Business, and Leisure Visitation.
- Growing Entertainment Corridor: Positioned to Benefit From Continued Commercial Development and Investment Throughout Grand Prairie’s Entertainment and Mixed-Use Corridor.
- Modern Physical Plant: 2021 Construction Provides Investors with a Contemporary Hospitality Asset Designed for Today’s Business and Leisure Travelers.
- Compelling Single-Asset Acquisition: Offers Investors Established Operating Cash Flow Combined with Exposure to the Continued Growth of Grand Prairie and the Broader Dallas-Fort Worth Market.
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