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DFW Airport 140-room Select Service Renovated Hotel For Sale


May 5, 2010 - The 140-room Ramada DFW North is currently being offered for $5,250,000, just $37,500 per key. Significant renovations have been made to the property in the last two years totaling approximately $800,000.  Improvements include a complete renovation of all guestrooms and improvements to the lobby, fitness facility and business center.  70 of the newly renovated guestrooms also include kitchenettes with a microwave, mini-fridge, wet bar and stove top.  Currently owned by the lender, the Hotel is being offered unencumbered by management.
 
The Ramada has an excellent location on Esters Boulevard, in the hotel zone at the north entrance of the Dallas-Fort Worth International Airport.  The hotel is proximate to numerous demand generators including 20 million square feet of Class A office space in Las Colinas, the future site of the Irving Convention Center and Grapevine Mills Mall.  
 
For more information on the Ramada DFW Airport North please download the FLYER and complete a CONFIDENTIALITY AGREEMENT or contact a listing agent below.


About PKF Capital
- PKF Capital provides comprehensive multi-service hotel brokerage to the hospitality industry.  PKF Capital was formed in early 2007 as a result of the merger of PKF Consulting, one of the premiere hospitality consulting firms in the U.S., with Colliers International Hotels.
 
PKF Capital was created with the vision of a unique platform to serve our clients in the US hotel investment market.  This unique platform for delivery of extraordinary client service begins with a team of experience hotel brokers known for their integrity and local market knowledge.  Supporting this team are the PKF Consulting and Hospitality Research divisions, which provide current market data and accurate industry operating results, enabling us to deliver the highest quality documentation and solid results.  PKF Capital believes successful transactions will result from solid fundamentals that include strong market knowledge and market trends, realistic and accurate financial projections, and current understanding of the capital market’s impact on our industry.
 
The professionals at PKF Capital are available to provide market analysis, broker opinions of value, or to make a personal presentation on the current state of the hospitality market.  For further information about the services of PKF Capital or the above transaction, contact:
 

Contact:

Hank Wolpert
PKF Capital
(214) 389-2790
hank.wolpert@pkfc.com

Melanie Pugmire
PKF Capital
(214) 389-2791
melanie.pugmire@pkfc.com

 


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