For Sale
$8,000,000

1715 I-35 Gainesville, TX 76240

72-Room Comfort Suites, prime location

Overview

Added:
Dec 11, 2024
Days on market:
128
This fee-simple, four-story Comfort Suites hotel in Gainesville, Texas presents a compelling investment opportunity. Built in 2007 and extensively renovated in 2021, this 29,250 square foot property boasts 72 keys and is situated on a 1.8-acre lot at 1715 I-35. The hotel offers a range of amenities including a fitness center, market center, meeting space, and an indoor pool, catering to a diverse clientele. Located in Cooke County, this asset benefits from its proximity to the Dallas/Fort Worth Metroplex, approximately 65 miles from both Dallas and Fort Worth. The property's strategic location within the Denton-Gainesville submarket, coupled with its proximity to major thoroughfares (US Route 82 and Interstate 35), ensures high visibility and accessibility. The asking price is $8,000,000, translating to $273.50 per square foot and $111,111.11 per key. This turnkey operation presents minimal post-acquisition improvement needs, making it an attractive option for owner-users seeking a profitable hospitality investment in a rapidly growing area. The area's economic strength is further bolstered by the presence of Safran Seats USA LLC, a major employer in Gainesville, and the proximity to the WinStar World Casino, a significant tourist attraction drawing visitors from a wide radius. This combination of factors positions this hotel for continued success and strong returns.

Highlights

  • Fee-simple, four-story Comfort Suites hotel with 72 keys, totaling 29,250 square feet on a 1.8-acre lot.
  • Built in 2007, extensively renovated in 2021, located at 1715 I-35 in Gainesville, Texas.
  • Amenities include a fitness center, market, meeting space, and indoor pool.
  • Asking price: $8,000,000 ($273.50/SF, $111,111.11/key).
  • Strategically located near US Route 82 and I-35, 65 miles from Dallas/Fort Worth. Strong local economy driven by Safran Seats USA LLC and proximity to WinStar World Casino.

Property Details for 1715 I-35

Property type
Hospitality properties, Hotels
Square Feet
29,250 SF
Year Built/Renovated
2007/2021
Buildings
1
Stories
4
Lot Size (sq. ft)
78,408 SF

Location Insight

City
Gainesville
County
Cooke
State
Texas
Latitude
33.6420072
Longitude
-97.1581309
1715 I-35, Gainesville, Texas

FAQs

What type of property is this?
Hospitality property - 72-Room Comfort Suites, prime location
Where is the hospitality property located?
The property is located at 1715 I-35 Gainesville, TX.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Fee-simple, four-story Comfort Suites hotel with 72 keys, totaling 29,250 square feet on a 1.8-acre lot.; Built in 2007, extensively renovated in 2021, located at 1715 I-35 in Gainesville, Texas.; Amenities include a fitness center, market, meeting space, and indoor pool.
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1715 I-35
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