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    1000 Dowdy Ferry Rd Hutchins, TX 75141

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    1000 Dowdy Ferry Rd Hutchins, TX 75141


    • Hospitality properties
    • 41,672 SF
    • 2.00 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • La Quinta Inn & Suites by Wyndham Dallas - Hutchins / Hotel & Motel
    • Troup Lodging LLP / Hotel & Motel / Resort

    Property Details for 1000 Dowdy Ferry Rd

    Year built
    2008
    Lot size
    2.00 lot acres
    Property size
    41,672 SF
    Property type
    Hospitality properties
    Property subtype
    Hotels

    Description

    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


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Hutchins
    County
    Dallas
    State
    Texas
    Longitude
    -96.7053
    Latitude
    32.6488
    More about this property
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