Property profile

450 Corporate Dr Lewisville, TX 75057

OFF-MARKET
Hospitality properties
Property ID
US83-2116378
Entity Owned 9-yr Hold
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Property summary

AI-generated overview

This exceptional 122-key Home2 Suites hotel presents a compelling investment opportunity in the thriving Lewisville, Texas market. Located at 450 E Corporate Dr, Lewisville, TX 75057, this hospitality property boasts a prime location within Denton County, offering convenient access to major transportation routes and local businesses. The hotel's classification as a Home2 Suites ensures a consistent brand recognition and established operational framework. The property's precise size and detailed financial performance data are available upon request. This turnkey operation provides immediate income generation potential for investors seeking a stable and high-return asset in a rapidly growing area. Further details regarding the property's amenities, recent renovations, and operating history can be provided to qualified buyers. The property's strong location within Lewisville, a city experiencing significant economic growth, positions it for continued success and appreciation. Interested parties are encouraged to contact us to schedule a viewing and receive a comprehensive information package. This is a rare opportunity to acquire a well-established hotel in a desirable Texas location. The property's strong performance history and potential for future growth make it an attractive investment for both seasoned and emerging investors in the hospitality sector. Detailed financial statements and operational data are available upon execution of a non-disclosure agreement.

Property profile

Verified
Property type Hospitality properties
UPID US83-2116378

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

450 Corporate Dr Lewisville, TX 75057
Lewisville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2017
3 recorded transactions
2018
Price N/A
2017
Price N/A
2016
Price N/A

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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