Hilton Garden Inn Dallas Duncanville in Duncanville, TX Listed for Sale
Hilton Garden Inn Dallas Duncanville
CBRE Hotels solicits offers to acquire the fee-simple interest in the Hilton Garden Inn in Duncanville, Texas. The property is located off Highway 20, one mile from the Olden Year Museum and Duncanville Community Theatre. This offering represents a unique opportunity to acquire a premium full-service asset with significant potential for value enhancement in a thriving submarket of Dallas Fort Worth MSA.
Investment Highlights
- Institutional Quality Hilton Garden Inn – Opportunity to acquire a 142-room, five-story, Hilton Garden Inn in Duncanville, Texas. The property was built with cast concrete structure. It was also fully renovated in 2021.
- Market Leading Conference Hotel – With over 14,000 square feet of event and meeting space, the Hilton Garden Inn is the dominant group hotel in Southeast Dallas Metroplex. The hotel serves as a premium conference hotel for South Dallas, Duncanville, Desoto, Cedar Hill and Lancaster.
- Opportunity to Increase Market Penetration – While the hotel has the unique position of being the dominant conference hotel in the submarket, it is currently underperforming a lot of hotels nearby. The Hilton Garden Inn underperforms Hampton Inn & Suites next door by almost $20 REVPAR. There are a lot of opportunities to increase the hotel performance by leveraging group business.
- Diverse Demand Drivers – The property benefits from proximity to a variety of the area’s demand generators, including Dallas Executive Airport, the University of North Texas at Dallas, UT Southwestern Medical Center at RedBird and numerous corporate offices, including Trybus Group, PEPSI Technology Process Center, and Chartered Institute of Corporate Management & Strategic Planning. The hotel is also well-connected to the area’s diverse array of restaurants, shops, medical centers, and colleges.
- The ‘City of Champions’ – The City of Duncanville, known as the ‘City of Champions’, is a first-tier city near Dallas, Texas. Strategically located along Interstate 20 and Highway 67, Duncanville is renowned for its high performing schools, nationally recognized sports programs, diverse community, safe neighborhoods, and its scenic parks and landscaping. The city has a diverse economy with businesses in various sectors such as retail, manufacturing, healthcare, and education.
- Dallas/Fort Worth (DFW) MSA is the 3rd Largest Metro Area in the Country and the Largest in the South – Contributing about one-third of Texas’ GDP, DFW’s economy is the most diverse in the state. Thanks to its central location, low cost of living, world-class cultural and art institutions, state-of-the-art hospitals, universities, and robust transportation connectivity, DFW has become a top relocation destination for corporations and job seekers alike.
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