Staybridge Suites by IHG in North Dallas - Allen, TX
Brand New Staybridge by IHG in Wealthy Northern Suburb of Dallas, Texas
Marketing description
HIGHLIGHTS AND LOCATION
101-Key Staybridge Suites (IHG) extended-stay hotel located in the high-growth Allen / North Dallas corridor
Court-Appointed Receivership Sale offering investors the opportunity to acquire a newly constructed hotel with FF&E installed with minor remaining items required to open
Exceptional Visibility on U.S. Highway 75 with exposure to 150,000+ vehicles per day
Located Adjacent to Allen Premium Outlets, one of the most visited retail destinations in North Texas (6-7 million annual visitors)
Projected Stabilized NOI ~ $1.6M supported by strong extended-stay demand in Collin County
Offering Summary
Call for Offers Due April 22, 2026
All Offers Subject to Lender Approval
Key Demand Drivers
Allen Premium Outlets – Major retail destination with 120+ stores and millions of annual visitors
Legacy West Corporate District (Plano) – Home to Toyota, JPMorgan Chase, Liberty Mutual, FedEx Office, and other major employers
Credit Union of Texas Event Center – 7,000+ seat arena hosting sports, concerts, and regional events
Watters Creek & The Village at Allen – Major retail, dining, and entertainment districts
Texas Health Presbyterian Hospital Allen & Collin College – Consistent lodging demand from medical and education sectors
North Dallas Corporate Corridor (Plano / Frisco) – Concentration of Fortune 500 employers and corporate campuses
McKinney National Airport Expansion – Planned commercial airport expected to drive future business travel and hotel demand in the North Dallas corridor
Investment highlights
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