Partners Group And Trinity Fund Advisors Acquire 431-Unit Hotel In Irving
4150 North Macarthur Boulevard, Irving, Texas 75038, United States
Units
431
Asset Type
Hotel
Closing
May 30, 2022
About this deal
AI
The hotel located at 4150 N MacArthur Blvd in Irving has been sold in a recent transaction. The property consists of 431 keys and was sold for an undisclosed amount.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Undisclosed
The buyers in this transaction are Partners Group, represented by Jason Longo, and Trinity Fund Advisors LLC, represented by Sean Hehir.
Traded’s record for 4150 North Macarthur Boulevard, Irving, Texas 75038, United States in Irving, Texas covers a hotel sale from 2022. 4150 North Macarthur Boulevard, Irving, Texas 75038, United States is classified as Hotel on Traded. This page is the Irving, Texas file for the 4150 North Macarthur Boulevard, Irving, Texas 75038, United States hotel sold: pricing, party profiles, and other closed hotel comps from the same Irving sit in the Market section below. Filter that Irving hotel set by closing date to see what else sold near 4150 North Macarthur Boulevard, Irving, Texas 75038, United States around 2022. Cite this Partners Group And Trinity Fund Advisors Acquire 431-Unit Hotel In Irving sale when underwriting similar hotel product around Irving, Texas.
Players
Irving Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Deal FAQ
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