5201 N State Line Ave
- - 130 Guest Rooms
- - ±2.997 Acres
- - ±49,064 SF Existing Hotel
- - All Rooms Renovated Within Past Year
- - Approximately 60% Occupancy
- - 100 Parking Spaces
- - 4 Truck Parking Spaces
- - Swimming Pool
- - Near I-30 & N. State Line Avenue
- - Potential Redevelopment / Repurposing Opportunity
- - Existing Hospitality Investment Opportunity
- - GR (General Retail) Zoning
Property Description
The Grand by Capitol O is a 130-room hotel situated on ±2.997 acres with approximately ±49,064 square feet of existing improvements in a strategic location near I-30 and North State Line Avenue. All guest rooms have been renovated within the past year, and the property currently reports approximately 60% occupancy. The property presents an opportunity to acquire an existing hospitality asset with potential for continued hotel operations, repositioning, or future redevelopment/repurposing.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $3,000,000 |
| No. of Units: | 130 |
| Year Built: | 1982 |
| Lot Size: | 3.00 Acres |
| Opportunity Zone: | No |
| Price per unit: | $23,077 |
| Property Website | Click Here |
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