Limited Service Hotel with Meeting
For Sale
Contact for pricing
Pending
203 Outlet Dr, Hillsboro, TX 76645
A 65-room four-story interior-corridor hotel offering meeting and banquet rooms and indoor whirlpool amenities.
Property SizeContact for details
Days on Market48
Property Features for 203 Outlet Dr
General Information
Standard status
Pending
Property subtype
Hospitality, Retail
Financials
Cap Rate
10.7%
Business Included
Yes
Additional Details
Furnished
Yes
Highway Access
Yes
Amenities
business center
meeting rooms
banquet rooms
guest laundry facilities
indoor whirlpool/hot tub
breakfast area
Building Details
Year Built
2009
Stories
4
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Joseph Jaques · License #TX 651497
(972) 755-5200
Source:
Crexi
Added: Jul 21
Changed: Sep 3
Last Checked: Sep 5 at 2:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
The Comfort Suites Hillsboro is a 65-room, four-story, interior corridor, limited service hotel constructed in 2009. The property offers a business center, meeting rooms, and banquet rooms, along with guest laundry facilities and an indoor whirlpool/hot tub. Guest accommodations feature free Wi-Fi and flat-screen televisions, with in-room coffee makers, mini fridges, and microwaves. All rooms include pull-out sofas, and upgraded suites feature kitchenettes, with some offering balconies.
The hotel is located in Hillsboro, Texas, just off Interstate 35 at 203 Outlet Dr. On-site breakfast service is available. According to provided performance information, the Comfort Suites generated approximately $867,000 in revenue during the 2016 fiscal year, with a consistent year-over-year increase in revenues for the past three years. The property is offered for sale at $2.95M.
The hotel is located in Hillsboro, Texas, just off Interstate 35 at 203 Outlet Dr. On-site breakfast service is available. According to provided performance information, the Comfort Suites generated approximately $867,000 in revenue during the 2016 fiscal year, with a consistent year-over-year increase in revenues for the past three years. The property is offered for sale at $2.95M.
Key Highlights
- 65‑room, four‑story interior‑corridor Comfort Suites in Hillsboro, TX just off I‑35
- Constructed in 2009; limited‑service hotel with business center, meeting rooms, and banquet rooms
- Guest amenities include indoor whirlpool/hot tub, guest laundry facilities, and a breakfast area
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
Explore this area
Business Placement
Demographics for 76645, TX
11,274
Population
4,559
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
84%
High-School Grad
187.5 sq mi
ZIP Area
60
Density / Sq Mi
$61,792
Median Household Income
$33,554
Median Earnings
$941
Median Rent
$154,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - A 65-room four-story interior-corridor hotel offering meeting and banquet rooms and indoor whirlpool amenities.
Where is this hotel located?
The property is located at 203 Outlet Dr Hillsboro, TX.
What are key features of this property?
This property features: 65‑room, four‑story interior‑corridor Comfort Suites in Hillsboro, TX just off I‑35; Constructed in 2009; limited‑service hotel with business center, meeting rooms, and banquet rooms; Guest amenities include indoor whirlpool/hot tub, guest laundry facilities, and a breakfast area
