Property Listing No Longer Available for Sale

1310 Marketplace Dr., Garland, TX

Motel for Sale - $7,800,000 - 38,000 Sq. Ft. on 1.38 acres


Property Info

CIMLS#973840
Location
  1310 Marketplace Dr.
  Garland TX 75041
UpdatedFebruary 19th, 2018
TypeMotel
Price$7,800,000
Building38,000 Sq. Ft.
Land1.38 acres

Property Description

The La Quinta Inn & Suites Dallas Northeast-Arboretum is a brand new construction that opened around the end of December 2017. It is located in Northeast Dallas and has easy access to many attractions for business and leisure travelers. The Dallas Arboretum Botanical Garden and White Rock Lake are minutes away. Enjoy the many restaurants with-in walking distance from hotel. It is conveniently located right off the major highway of 635;which also is close to the intersection of other major highway of 30 providing easy access to downtown Dallas.

Location Description:

This La Quinta is brand new and just opened in December of 2017. The La Quinta is located right on the border of Dallas/Garland on the Garland side. Garland is a large size northeast of Dallas and is apart of the Dallas / Fort Worth Metroplex known as DFW. The population of Garland is 234,943 making it the 5th largest city in the DFW metroplex and the 12th largest city in Texas. It is mostly in Dallas County, but parts of it is located in Collin County and Rockwall County. Due to the highways and DART public transportation system, Garland has very easy access to Dallas and especially downtown Dallas being only 18 minutes away. There are many attractions nearby such as Dallas Arboretum and Botanical Garden, White Rock Lake, Town East Mall, the Symphony Center and University of Dallas.

Garland has many positive things going on right now and has been receiving a lot of praise. It has been named in the past as "Top 100 Places to Live" and "Best City for Working Parents" and also "7th Best City For Saving Money." Most recently, it has been named "2nd best City in Texas and 17th Overall For Jobs." In 2018, Garland will have the "5th highest employment growth in the country."

Highlights:

>> New construction

>> Great location

>> Easy access to 2 major highways

>> Quick accessibility to downtown Dallas

>> Near lots of attractions

>> High-Speed internet perfect for business travelers

>> Near White Rock Lake

>> Near Universities and and convention center

>> Surrounded by retail and restaurants

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Financials