MCR Hotels Acquires Hotel Portfolio In Euless, Fort Worth, Colleyville TX & Santa Fe, NM From ICON Lodging
SOLD
Texas
See Similar DealsHotel
Sold 01/19/2022
SOLD
MCR Hotels Acquires Hotel Portfolio In Euless, Fort Worth, Colleyville TX & Santa Fe, NM From ICON Lodging
2570 Texas Highway 121, Euless, Texas 76039, United States
See Similar DealsHotel
Sold 01/19/2022
Summary
TEXAS
Asset Type:Hotel
Transaction Type:Sale
The recent closed property transaction involves the sale of a hotel located at 2570 State Highway 121, 1010 Houston St, 805 East Belknap Street, 5300 State Highway 121 & 3430 Cerrillos Rd in Euless, Fort Worth, Colleyville TX & Santa Fe, NM. The hotel comprises a total of 603 keys and was sold by ICON Lodging to MCR Hotels.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Not specified
- Buyer: MCR Hotels
- Seller: ICON Lodging
- Brokers: Chris Gomes & Allan Miller - Marcus & Millichap
Chris Gomes & Allan Miller from Marcus & Millichap represented the buyer and seller in this hotel sale transaction.
Players
BUYER
SELLER
Details
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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