755b Vista Ridge Mall Dr Lewisville, TX 75067
- Hospitality properties
- 31,830 SF
- 1.05 lot acres
Current Use by Public Records
- Country Inn & Suites by Radisson, Lewisville, TX / Hotel
Property Details for 755b Vista Ridge Mall Dr
- Year built
- 1995
- Lot size
- 1.05 lot acres
- Property size
- 31,830 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lewisville
- County
- Denton
- State
- Texas
- Longitude
- -96.9672
- Latitude
- 33.0008