Mesquite, Texas, is an attractive location for hotel investors, offering a unique blend of small-town charm and big-city amenities. With its rich history, convenient location, and growing economy, Mesquite presents an excellent opportunity for hotel owners to capitalize on the city's increasing popularity. Hotels in Mesquite can cater to a diverse range of clients, from business travelers visiting the many corporate offices, such as United Parcel Service, AT&T, and FedEx, to families and individuals attending events at the Mesquite Arena or exploring the city's cultural attractions, like the Mesquite Arts Center. Mesquite's strategic location at the crossroads of major highways, including Interstate 20, Interstate 30, and Interstate 635, makes it easily accessible to downtown Dallas, Lake Ray Hubbard, Dallas Love Field, and DFW International Airport. The city's amenities, such as the Mesquite Golf Club, Eastfield College, and Mesquite Metro Airport, further enhance its appeal to hotel investors.
With 1 hotels for sale in Mesquite, investors have a wide range of options to choose from. Mesquite's hotels can benefit from the city's strong economy, driven by industries like logistics, retail, education, and telecommunications. In addition to hotels, Mesquite is also home to a variety of other commercial properties, including restaurants, apartment buildings, and shopping centers. For instance, restaurants in Mesquite can take advantage of the city's growing population and tourist traffic, while apartment buildings can offer residents convenient access to the city's many amenities. Shopping centers, like Town East Mall, can capitalize on the city's strong retail sector. Overall, Mesquite presents a compelling case for hotel investors, with its unique blend of small-town charm, big-city amenities, and growing economy.
What factors should I consider when buying a hotel in Mesquite?
When considering buying a hotel in Mesquite, there are several key factors to keep in mind, including:
- Average cap rate, which is currently 9.31%, to ensure a strong return on investment.
- Property size, with available listings ranging from 59,535 square feet to 59,535 square feet, to accommodate your business needs.
- Location, with proximity to major highways like Interstate 20, Interstate 30, and Interstate 635, as well as local attractions like the Mesquite Rodeo and Mesquite Arts Center, to attract guests and drive revenue.
Additionally, it's essential to research the local market, including the current average price per square foot of $168 USD, and to explore financing options, such as CRE loans, to make your investment a success. For more information on commercial real estate loans, check out our article at CRE loans.
With 1 available listings of hotels in Mesquite, there are plenty of opportunities to find the right property for your business. By carefully considering these factors, you can make an informed decision and set yourself up for success in the hotel industry.
How is the value of a hotel for sale typically calculated?
In Mesquite, Texas, where there are currently 1 hotel listings available, the value of a hotel for sale is typically calculated through a comprehensive CRE appraisal, which takes into account various factors such as the property's income, expenses, and local market conditions. To learn more about the CRE appraisal process and how it affects hotel valuations, check out our article at CRE appraisals, which provides an in-depth look at this crucial step in commercial real estate investing.
