Property summary
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
VerifiedCap rate & NOI
Current use
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Hotel & Motel
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Hotel & Motel Resort
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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