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Property profile & analytics
OFF-MARKET
Hospitality properties

1715 I-35 Gainesville, TX 76240

29,250 SF 1.8 ac lot Built 2007
Property ID
Property summary
AI-generated overview

This fee-simple, four-story Comfort Suites hotel in Gainesville, Texas presents a compelling investment opportunity. Built in 2007 and extensively renovated in 2021, this 29,250 square foot property boasts 72 keys and is situated on a 1.8-acre lot at 1715 I-35. The hotel offers a range of amenities including a fitness center, market center, meeting space, and an indoor pool, catering to a diverse clientele. Located in Cooke County, this asset benefits from its proximity to the Dallas/Fort Worth Metroplex, approximately 65 miles from both Dallas and Fort Worth. The property's strategic location within the Denton-Gainesville submarket, coupled with its proximity to major thoroughfares (US Route 82 and Interstate 35), ensures high visibility and accessibility. The asking price is $8,000,000, translating to $273.50 per square foot and $111,111.11 per key. This turnkey operation presents minimal post-acquisition improvement needs, making it an attractive option for owner-users seeking a profitable hospitality investment in a rapidly growing area. The area's economic strength is further bolstered by the presence of Safran Seats USA LLC, a major employer in Gainesville, and the proximity to the WinStar World Casino, a significant tourist attraction drawing visitors from a wide radius. This combination of factors positions this hotel for continued success and strong returns.

Property profile
Verified
Property type Hospitality properties
Year built 2007
Total area 29,250 SF
Lot 1.8 ac (78,408 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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