Louisiana Developer Acquires 135-Room Hotel In Irving From New York Investment Firm
820 West Walnut Hill Lane
Building Size
—
Asset Type
Hotel
Closing
Jun 24, 2025
AI
The sale involved a 135-room hotel located at 820 West Walnut Hill Lane in Irving. The asset is identified as the Hilton Dallas-Irving-Las Colinas, featuring various amenities such as a pool, fitness center, meeting rooms, and complimentary breakfast.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Not specified
- Address: 820 West Walnut Hill Lane
- Market: Irving
- Asset Keys: 135
The transaction was facilitated by brokers Kami Burnette and Mason McDavid, representing Hunter Hotel Advisors. The deal involved a Louisiana developer acquiring the hotel from a New York investment firm.
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