Radisson Hotel Dallas South 1515 N IH 35 Services hôteliers 148 chambres 8 652 135 € (58 460 €/Chambre) DeSoto, TX 75115

The Radisson Hotel Dallas South is located at 1515 N IH 35 Ave, DeSoto TX 75115. The building is 112,144 SF and sits on 4.28 acres of land (186,437 SF). It has 148 rooms and 224 parking spaces. The hotel was built in 1987 and is scheduled to be renovated in 2026. The asking price is $9,999,000, which translates to $74,324 per key (room) and $98.09 per square foot.
The hotel has been completed gutted out and has city's all permits plus all entitlements with architectural design approved as well. Radisson has approved the franchise granted license for this hotel property as full service upscale hotel with banquet large room, bars/lounge and restaurant for city's events, conferences, businesses group events and weddings. Once the Radisson is ready to open doors to guests and events then Radisson will give a check for $2.5 million to the buyer that gets this hotel Radisson renovations done per their requirements. Per the Radisson and the current general contractor it will take about an estimate of $7.2 million to have the renovations done. Keep in mind Radisson will give back $2.5 million check towards the costs of renovations to be used as wanted by the buyer when the this Radisson hotel opens doors. Please see attachments with exterior & interior designs, Appraisal 2025 formal report, Proforma for 2025 for the next 5 years total revenues start in Nov. 25th, 2025 through Oct. 24th of 2026 at total revenues of $7,175,412 and so on, and the Phase 1 Environmental report.
For more information, you can contact Silvestre Madrigal of Century 21 Commercial at (562) 843-3495 or via email at c21ccgroup@gmail.com