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3425 Canyon Bluff Boulevard

Updated Mar 18, 2026

SOLDHotel

Jean Valjean LLC Acquires Residence Inn Dallas From Atlantic Hotel Group For Closed Transaction

3425 Canyon Bluff Boulevard

Building Size

—

Asset Type

Hotel

Closing

Mar 16, 2026

About this deal

AI

The sale involved a 103-room hotel known as Residence Inn Dallas at The Canyon, located at 3425 Canyon Bluff Boulevard in the Dallas market. This extended-stay hotel was built in 2018, offering a modern lodging option within the area.

Summary of transaction details:

Chris Gomes and Allan Miller represented the seller, Atlantic Hotel Group, while Clayton Hill and Gordon Allred procured the buyer, Jean Valjean LLC. Marcus & Millichap brokered the sale, facilitating the transition of ownership for this extended-stay hotel in West Dallas.

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Players

Allan Miller

Marcus & Millichap

Broker

$162.9M

vol

55 deals

Broker
Atlantic Hotels Group
Atlantic Hotels GroupSeller
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Dallas Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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