INVESTMENT HIGHLIGHTS
- High-Quality, Recently Constructed Asset: 120-Room Select-Service Courtyard by Marriott Built in 2021.
- Strong Existing Cash Flow: Property Generates Approximately $5.3 Million in Gross Revenue and Approximately $2.0 Million in EBITDA.
- Premier Marriott Brand Affiliation: Benefits From Courtyard by Marriott's Established Brand Recognition and Extensive Guest Loyalty Network.
- Strategic State Highway 161 Location: Positioned Along a Major Regional Transportation Corridor Providing Convenient Access Throughout Grand Prairie and the Dallas-Fort Worth Metroplex.
- Positioned Near EpicCentral: Near Grand Prairie's Growing Entertainment and Mixed-Use Destination Featuring Dining, Recreation, Events, and Family-Oriented Attractions.
- Central Dallas-Fort Worth Position: Strategically Located Between Dallas and Fort Worth With Access to Major Employment, Entertainment, and Population Centers Across the Metroplex.
- Diverse Regional Demand Base: Benefits From Corporate Travel, Regional Events, Sports Tournaments, Group Business, and Leisure Visitation.
- Growing Entertainment Corridor: Positioned to Benefit From Continued Commercial Development and Investment Throughout Grand Prairie's Entertainment and Mixed-Use Corridor.
- Modern Physical Plant: 2021 Construction Provides Investors with a Contemporary Hospitality Asset Designed for Today's Business and Leisure Travelers.
- Compelling Single-Asset Acquisition: Offers Investors Established Operating Cash Flow Combined with Exposure to the Continued Growth of Grand Prairie and the Broader Dallas-Fort Worth Market.
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Courtyard Dallas Grand Prairie (“Hotel” or “Property”) located at 2850 S State Highway 161 in Grand Prairie, Texas. The select-service Marriott-branded Hotel represents the opportunity to acquire a recently constructed hospitality asset with established operating cash flow in a central Dallas-Fort Worth location. The Property generates approximately $5.3 million in gross revenue and approximately $2.0 million in EBITDA, providing investors with an established income-producing asset in one of the nation's largest metropolitan areas. The Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information.
The Courtyard Dallas Grand Prairie benefits from its proximity to EpicCentral, which has emerged as a major regional entertainment and mixed-use destination featuring dining, recreation, event venues, and family-oriented attractions that draw visitors from throughout North Texas. Grand Prairie's central location between Dallas and Fort Worth further supports a diverse lodging demand base consisting of regional events, sports tournaments, group travel, corporate activity, and leisure travelers accessing destinations throughout the Metroplex. The Hotel's location along State Highway 161 provides convenient connectivity to the broader DFW transportation network, while continued commercial development, population growth, and infrastructure investment throughout the corridor are expected to support long-term lodging fundamentals.
Grand Prairie occupies a strategic position at the center of the Dallas-Fort Worth Metroplex, providing convenient access to the major employment, entertainment, transportation, and population centers of both Dallas and Fort Worth. The city's central location and extensive highway infrastructure have supported continued residential and commercial development while strengthening its position as a regional destination for entertainment, sports, dining, corporate travel, and group business. Grand Prairie's expanding entertainment corridor is anchored by EpicCentral, a 172-acre mixed-use destination featuring waterfront dining, family attractions, live entertainment, trails, green space, hotels, and the Grand Prairie Events & Convention Center, which serves as a significant driver of conferences, meetings, social functions, and group-room demand. Additionally, leisure and family travel demand is generated by nearby attractions like Epic Waters Indoor Waterpark and Main Event Grand Prairie, while the broader Arlington Sports & Entertainment District contributes substantial visitation through AT&T Stadium, Globe Life Field, Choctaw Stadium, Texas Live!, Esports Stadium Arlington, Six Flags Over Texas, and Hurricane Harbor. Corporate lodging demand is supported by the area's significant aerospace, defense, manufacturing, and industrial presence, including major employers such as Lockheed Martin, Bell Textron, Poly-America, Flex-N-Gate, Lear Seating, and the Grand Prairie Armed Forces Reserve Complex. Moreover, the Hotel’s proximity to Dallas/Fort Worth International Airport, one of the nation's busiest transportation hubs, supports transient, corporate, airline, logistics, and international travel demand. Further demand is generated by regional venues including Grand Prairie Stadium and Lone Star Park, reinforcing Grand Prairie's position as one of the Metroplex's most diverse and dynamic lodging markets.
