Technical
Financial
Distress signals
Property profile

1000 Dowdy Ferry Rd Hutchins, TX 75141

OFF-MARKET
Hospitality properties
41,672 SF 2 ac lot Built 2008
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Property summary

AI-generated overview

This 65-key La Quinta Inn & Suites in Hutchins, Texas, presents a compelling investment opportunity. Situated on a 2-acre lot, this four-story, 41,672 square foot hotel boasts a 93.11% occupancy rate and a Net Operating Income (NOI) of $910,524, yielding a 9.16% capitalization rate. Built in 2008, the property benefits from its location just 12 minutes south of downtown Dallas, offering excellent visibility from I-45. The strong market demand is evidenced by a Market Penetration Index (MPI) of 113.8, and an Average Daily Rate (ADR) of $92.17, with further potential for growth following the completion of planned interior renovations estimated at $500,000. A $4,000 per key cash incentive is available for the remaining Property Improvement Plan (PIP) work

Property profile

Verified
Property type Hospitality properties
Year built 2008
Total area 41,672 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Hotel & Motel Resort

Location

1000 Dowdy Ferry Rd Hutchins, TX 75141
Hutchins metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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