Chris Gomes & Allan Miller Of Marcus & Millichap Represent Seller In Sale Of 153-Room Hotel
4949 Regent Boulevard
Building Size
—
Asset Type
Hotel
Closing
Apr 14, 2026
AI
The transaction involved the sale of a 153-room Courtyard hotel located at 4949 Regent Boulevard, Irving. This property was built in 1997 and underwent renovations in 2025. The specifics of the sale price and transaction amount remain undisclosed, maintaining confidentiality for both the buyer and seller.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Not Disclosed
- Address: 4949 Regent Boulevard
- Market: Irving
- Asset Details: 153 Keys
Chris Gomes and Allan Miller of Marcus & Millichap represented the California-based seller in this transaction and played a key role in sourcing the buyer. The transaction was successfully brokered by Marcus & Millichap, emphasizing their involvement in the hotel market near the Dallas-Fort Worth International Airport.
Players
Irving 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