Holiday Inn Express & Suites Dallas NE - Allen, Allen, TX

Featuring 87 Guestrooms in a 4-story interior corridor building.

Formula Blue™ renovation completed in 2021; minimal change of ownership PIP expected.

Prime Location in Allen, TX, Near Dallas: Strategically positioned in a thriving suburb of Dallas, TX, one of the largest and most economically stable cities in the U.S., offering unparalleled long-term growth potential, strong demand drivers, and access to major economic hubs, ensuring stability and sustained investor value.

Historical Performance

• 2024 Revenue of $1.77M
• 2023 Revenue of $1.93M
• 2022 Revenue of $1.74M

Upside Potential: The hotel’s current RevPAR is approximately 13.2% below its competitive set, as per the Trailing-12 Month November 2024 STR Report, highlighting a significant opportunity to drive growth through enhanced revenue management and strategic operational improvements.

Market Alignment Opportunity: Meeting and exceeding the RevPAR index could elevate room revenue significantly, unlocking substantial investor value.

Strategically located along Highway 75 (average daily traffic of 169,500) in Allen, Texas, a suburb of the Metro Dallas Area, providing excellent visibility and accessibility to major attractions and businesses.

Convenient access to both Dallas Love Field (35 min drive) and Dallas-Fort Worth International Airport (30 min drive) ensures connectivity for out-of-town visitors.

Surrounded by key economic hubs such as Allen Tech Hub, One Allen Center, and The Farm, which attract significant business traffic and long-term growth opportunities.

Just 5 minutes from One Bethany at Watters Creek, a 17-acre office park with 325,000+ sq. ft. of Class A office space, attracting significant business travel.

Part of the Denton/Lewisville/McKinney submarket, which boasts higher-than-average occupancy (68.3%) and growing ADR ($107.47) compared to regional benchmarks.

Located in a thriving community with projected population growth of 24.34% (1 mile radius) and median household incomes exceeding $84,000 within the immediate area.