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1515n I-35EDeSoto, TX 75115
Hotel Renovation & Repositioning Opportunity
Asset ClassHotel & Hospitality
# Keys: 148Year Built: 1987Square Feet: 112,144Access Data Room
Permit-Ready & Approved for Radisson Conversion
overview of deal

Overview

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.

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Investment Highlights

  • Growing market adjacent to Dallas, capturing metro demand without downtown costs
  • Interior is cleared and prepared for immediate renovation
  • Comprehensive design, architectural plans, franchise approval, and numerous updates completed
  • Franchise key money available – reducing hard costs
  • Post-renovation: market’s only full-service hotel with banquet & meeting facilities
  • Strategically located, direct access to I-35E and I-20
  • 30 minutes from DFW International Airport

Demand Generators

Miles
Time (mins)
DeSoto Civic Center
2.9
10
Methodist Charlton Medical Center
4.9
13
Curtistene S. McCowan Park
4.9
11
Dallas, TX
11.7
21
Dallas Convention Center
12.2
23
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1515n I-35EDeSoto, TX 75115

Sales Team

Ami BhowBroker

License #: AZ #SA704817000

(917) 596-6578abhow@newgenadv.com
Richard QueenDesignated Broker

License #: TX 422024

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