Property profile

755b Vista Ridge Mall Dr Lewisville, TX 75067

OFF-MARKET
Hospitality properties
31,830 SF 1.05 ac lot Built 1995
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Property summary

AI-generated overview

This exceptional 62-key hotel in Lewisville, Texas presents a compelling value-add investment opportunity. The 31,830 square foot property, built in 1995 and extensively renovated in 2023, boasts a contemporary design and functional layout spread across three floors. Its prime location at the intersection of Highway 121 and I-35E provides easy access to the Dallas-Fort Worth metroplex, catering to both business and leisure travelers. The hotel benefits from its proximity to major corporations, conference centers, and transportation links, ensuring high occupancy rates. Within walking distance of Vista Ridge Mall, and a short drive from Grapevine Mills Mall, Gaylord Texan Convention Center, and DFW Airport (8 miles), the hotel offers guests convenient access to shopping, entertainment, and travel hubs. The property also includes an on-site manager's apartment. Zoned LI, this 100% smoke-free hotel offers significant upside potential, making it an ideal acquisition for hospitality investors seeking a strong return on investment. The property sits on a 1.05-acre lot and offers easy access to major attractions such as AT&T Stadium and The Sixth Floor Museum (approximately 30 minutes away), as well as the University of North Texas and Texas Woman's University (20 miles). This is a rare opportunity to acquire a well-maintained, recently renovated hotel in a high-demand location, offered below replacement cost.

Property profile

Verified
Property type Hospitality properties
Year built 1995
Total area 31,830 SF
Lot 1.05 ac (45,738 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

Location

755b Vista Ridge Mall Dr Lewisville, TX 75067
Lewisville metro
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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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