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COMFORT SUITES THE COLONY – PLANO WEST4796 Memorial Drive, The Colony, TX 75056
FOR SALE
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
PROPERTY OVERVIEW
The Comfort Suites in The Colony is listed exclusively with Tabani Realty. The hotel opened in 1998 and most recently completed renovations in 2019. After the most recent renovations, the property is fully remodeled and up-to-date with the Truly Yours design scheme. The Comfort Suites has 71 smoke-free guestrooms with interior corridors. The building has an overall living space of 41,867 SF across 3 floors. The property sits on 1.722 acres of land that is also included in the sale.
Overall, the hotel has very good guest reviews. The hotel has many amenities for guests to enjoy. The hotel is pet-friendly and also completely smoke-free. The hotel offers free WiFi, free parking, free hot breakfast, and an on-site sundry. Additionally, there is a business center, meeting space, fitness center, indoor pool, guest laundry facilities, and an outdoor picnic area.
ADDITIONAL INFORMATION
Please note that this is a brief informational flyer. To get more detailed information, please sign a confidentiality agreement to get access to the Offering Memorandum. For electronically, you can create an account on our website by clicking the button with a lock that says "Hotel OM" on the listing. Or email a CA from our 'resources' page to [email protected]
OFFERING SUMMARY
Sale Price: $6,250,000
Building Size: 41,867 SF
Lot Size: 1.722 Acres
Price / SF: $149.28
Cap Rate: 6.98%
NOI: $436,186
Year Built: 1998
Renovated: 2019
Zoning: Commercial
Market: The Colony/West Plano
Submarket: Dallas
FOR SALE | COMFORT SUITES THE COLONY – PLANO WEST4796 Memorial Drive, The Colony, TX 75056
Executive Summary
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
FOR SALE | COMFORT SUITES THE COLONY – PLANO WEST4796 Memorial Drive, The Colony, TX 75056
Additional Photos
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
FOR SALE | COMFORT SUITES THE COLONY – PLANO WEST4796 Memorial Drive, The Colony, TX 75056
Additional Photos
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
FOR SALE | COMFORT SUITES THE COLONY – PLANO WEST4796 Memorial Drive, The Colony, TX 75056
Location Maps
Salman (Sam) Tabani972.810.7729 [email protected]
Tabani Realty15455 Dallas Parkway
Addison, TX 75001972.810.7729
tabanirealty.com
POPULATION 1 MILE 3 MILES 5 MILES
Total Population 6,892 57,960 162,974
Average age 33.1 34.2 34.9
Average age (Male) 32.6 33.8 34.5
Average age (Female) 34.3 34.9 35.4
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 2,427 20,586 61,317
# of persons per HH 2.8 2.8 2.7
Average HH income $94,368 $107,973 $110,052
Average house value $122,807 $291,529 $327,802
* Demographic data derived from 2010 US Census
FOR SALE | COMFORT SUITES THE COLONY – PLANO WEST4796 Memorial Drive, The Colony, TX 75056
Demographics Map & Report
Tabani Realty • 15455 Dallas Parkway • Addison, TX 75001 • 972.810.7729 • tabanirealty.com