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:
- Property Type: Hotel
- Transaction Amount: Not disclosed
- Buyer: Jean Valjean LLC
- Seller: Atlantic Hotel Group
- Brokers: Chris Gomes, Allan Miller, Clayton Hill & Gordon Allred - Marcus & Millichap
- Date of Transaction: 03/16/2026
- Keys: 103
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
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