The three-story hotel has 103 suites and 26 guestrooms. Suites are spacious and comfortable and include kitchens with stoves, microwave ovens and refrigerators, as well as separate bedroom and living areas with a fireplace. Amenities include the outdoor pool with Jacuzzi, exercise facility and a Sports Court. A Business Center is located off of the lobby and is complete with complimentary wireless high-speed internet.
There are also two conference rooms with 950 square feet of meeting space with audio/visual services available upon request.
PRICE: 9,500,000 / $73,643.41 per suite
GENERAL OVERVIEW
In general, the Property shows very well. Investors will seek to improve the operations
of the Property through upgrades in the suites extending the properties ability to continue its exceptional market penetration of its competitive set, which includes The Residence Inn by Marriott, Springhill Suites by Marriott, Homewood Suites by Hilton, AmeriSuites and Candlewood Suites.
Major demand generators include the University of Texas, Six Flags Over Texas, General Motors, Aetna, USPS/Siemens, American Eucopter, L-3 Com, Lockheed Martin, Northrop Gruman and Vought. The Hawthorn Suites is conveniently located just miles from DFW International Airport.
For additional information, please contact Herb Warmbrodt or request a Offering Memorandum. |