Quality Inn Hotel
New
For Sale
Contact for pricing
8205 ESTERS BLVD, Irving, TX 75063
Nationally branded hotel positioned near DFW Airport.
Property Size52,572 SF
Price / SF$171.19
Days on Market6
Property Features for 8205 ESTERS BLVD
General Information
Standard status
Active
Size
52,572 SF
Property subtype
Hospitality
Occupancy
71%
Net Operating Income
$753,260
Additional Details
Asking Price
$9,000,000
Building Details
Year Built
1984
Year Renovated
2018
Stories
3
Units
147
Listing Agency:
214Realty
(469) 233-2191
Listed By:
Jatin Jariwala · License #0593897
Source:
Crexi
Added: Aug 6
Changed: Aug 11
Last Checked: Aug 11 at 6:49AM
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 214Realty
Investment Insights
Based on property information with market context.
Quality Inn is a 52,572-square-foot hotel property at 8205 Esters Blvd in Irving, Texas. Built in 1984, the asset carries a national hotel brand and is positioned in the DFW Airport area.
The setting supports multiple travel segments, including airport-related transient demand, corporate travel associated with surrounding business parks, and leisure visitors traveling to regional attractions. Its location places these demand sources within a short drive, providing a broad operating context for the hotel.
The setting supports multiple travel segments, including airport-related transient demand, corporate travel associated with surrounding business parks, and leisure visitors traveling to regional attractions. Its location places these demand sources within a short drive, providing a broad operating context for the hotel.
Key Highlights
- 52,572‑square‑foot hotel property
- Quality Inn national brand affiliation
- Built in 1984
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$382,067
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,641,340
$7.6M
Cap Rate 7%
$5,458,100
$5.5M
Cap Rate 9%
$4,245,189
$4.2M
Market Conditions
NOI Build-Up for 52,572 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$946.3K $18.00/SF
− Vacancy
−$141.9K −$2.70/SF
EGI
$804.4K $15.30/SF
− OpEx
−$422.3K −$8.03/SF
NOI
$382.1K $7.27/SF
Area
Irving, TX
Vacancy
15.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,641,340
Cap Rate 7%
$5,458,100
Cap Rate 9%
$4,245,189
Alternative Uses
Best Use
Hotel Hospitality
$5.46M
$4.78M – $6.37M
NOI $382,067 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.48M
$11.80M – $15.73M
NOI $943,773 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
810
Businesses Nearby
Explore this area
Business Placement
Demographics for 75063, TX
46,598
Population
18,747
Households
2.5
Avg Household Size
34
Median Age
74%
College-Educated
96%
High-School Grad
20.2 sq mi
ZIP Area
2,307
Density / Sq Mi
$117,583
Median Household Income
$84,670
Median Earnings
$1,687
Median Rent
$509,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Nationally branded hotel positioned near DFW Airport.
Where is this hotel located?
The property is located at 8205 ESTERS BLVD Irving, TX.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: 52,572‑square‑foot hotel property; Quality Inn national brand affiliation; Built in 1984
