1015 Elm St Dallas, TX 75202

The Crowne Plaza Downtown Dallas presents an investment opportunity in the heart of Dallas. Its location provides access to Dallas’s business district, entertainment hubs, and attractions. The property features modern amenities, a food and beverage program, and event spaces catering to corporate and leisure travelers. The hotel has a track record of performance, appealing to investors seeking cash flow and appreciation in an urban setting. Downtown Dallas is driven by economic growth and increasing tourism. The property has efficient operations, an experienced management team, and opportunities for value-add enhancements. The Crown Plaza Downtown Dallas hotel is situated in one of Texas's urban centers. Downtown Dallas has over 15,000 residents and hosts a daytime workforce exceeding 150,000. The area has a cultural scene, featuring venues like the Dallas Museum of Art, the Winspear Opera House, and the AT&T Performing Arts Center. Major corporations such as AT&T, Texas Instruments, and American Airlines maintain their headquarters or regional offices nearby. The district is a transportation nexus, with DART light rail lines and major highways providing connectivity. The Crown Plaza offers guests access to these attractions, making it an ideal base for business and leisure travelers. The hotel offers 293 guest rooms across 23 stories and over 30,000 square feet of meeting and special event space. The current brand is Crowne Plaza (IHG). Originally built as a Holiday Inn in the 1970s, it underwent major renovations in 1980, 2019, and a partial renovation in 2024. It is located in the Downtown Business District, a short walk to over 50 restaurants and attractions. The AA Center is a short drive away, and it is close to Deep Ellum & the Arts District. DMA, Nasher Sculpture Gardens, ATT Discovery District & Perot Museum are nearby, as are the Dallas Fair Park grounds & Museums.