PROPERTY OVERVIEW

Excellent Location

The DoubleTree Dallas Campbell Centre is located directly off US-75, providing convenient access to the city's most prominent demand generators and is located within The Gild, formerly the Campbell Center Business Park. The Gild was an extensive multi-million-dollar redevelopment and rebrand updating the Campbell Center office complex to a premier Class-A+ corporate center. Only five minutes from the hotel is Southern Methodist University, a nationally acclaimed private university known for its global research and liberal arts tradition, accommodating 12,050 students. The University also hosts a distinguished athletic program in the D1 American Athletic Conference, boasting over 400 student athletes. Furthermore, it is the proud home of the SMU Mustang Football team, which competes at the Gerald J. Ford stadium, only six minutes away from the hotel, drawing an attendance of 23k-27k for every home game. Additionally, NorthPark Center, a thriving shopping center encompassing more than 220 retailers across its 2,400,000 square feet of space, is a short five-minute drive away. With six anchors, NorthPark Center consistently ranks among the top-performing shopping centers in the United States. Garnering an impressive 27 million visitors annually, it rightfully holds the ranking of being the most frequented shopping destination in North Texas. Furthermore, downtown Dallas, located just 10 minutes south of the hotel, hosts a multitude of attractions including the House of Blues, Dallas Museum of Art, Design District, Dallas World Aquarium, and Dallas Convention Center. Additionally, only 10 minutes north of the hotel, stands the Medical City Dallas Hospital, a premier healthcare institution featuring 367 beds and over 100 physicians. The Hospital holds the top position in Texas for adult cardiac surgery, delivering exceptional medical care to the region.

Offered Below Replacement Cost in High Growth Market

The DoubleTree Suites Dallas Campbell Centre is being offered at a discount to replacement cost with construction costs at an all-time high. According to the 2023 HVS U.S. Hotel Development Cost Survey, constructing a full-service hotel similar to a DoubleTree Suites by Hilton is projected to average around $528k per key nationwide. This opportunity allows for the acquisition of a DoubleTree Suites property significantly below its estimated replacement value.

Institutional Hilton Branded Asset

DoubleTree by Hilton is one of Hilton’s fastest growing global brands. For more than 50 years, DoubleTree by Hilton has continued to be a symbol of comfort for business and leisure travelers around the world and has consistently been ranked a Top 5 brand in the “Hotels & Motels” category by Entrepreneur Franchise 500. Premium branded assets have distinct competitive advantages compared to the rest of the market due to their large rewards and reservation systems as well as name recognition. All Hilton properties are backed by the Hilton Honors reward program which boasts over 128 million members across 18 brands and more than 6,500 hotels worldwide.