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3425 Canyon Bluff Boulevard

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

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.

Players

Allan Miller

Marcus & Millichap

Broker

$162.9M

vol

51 deals

Broker
Atlantic Hotels Group
Atlantic Hotels GroupSeller

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