Amiti Bhow of NewGen Advisory is pleased to present a compelling Hotel Renovation & Repositioning Opportunity in DeSoto, Texas, just minutes from Downtown Dallas. This 148-key, formerly operating hotel offers investors the opportunity to reposition an existing asset that is permit-ready for conversion to a Radisson-branded full-service property. Alternative flags may also be considered, providing flexibility for experienced hospitality owners and operators.
The property has undergone substantial preparation for renovation and rebranding. All FF&E has been removed, the interior has been fully cleaned out, architectural drawings are complete, building permits have been approved, and a general contractor has been identified. This advanced level of readiness significantly reduces execution risk and shortens the timeline to reopening.
Strategically located as the only full-service hotel in close proximity to the DeSoto Convention Center, the asset also benefits from its location near a newly developed $100 million athletic complex. These demand drivers support a diverse mix of business travelers, sports teams, and event-related guests. Offered at a meaningful discount to replacement cost with a clear path to completion, this opportunity is well suited for well-capitalized hospitality investors seeking a high-impact renovation project in a growing Dallas–Fort Worth submarket.