13340 Dallas Pkwy, Dallas, TX 75240 – Hotel/Motel, High-rise (4+ stories)

ServiceYear Built 1981Total Assessed Value $74,082,090County Dallas

Property Details

The Service property 13340 Dallas Pkwy, Dallas, TX 75240 is located in Dallas County. The specific property type is Hotel/Motel, High-rise (4+ stories). The total assessed value of this property is $74,082,090.

The gross building area is 473,645 square feet and the land area is 0 square feet for this Hotel/Motel, High-rise (4+ stories) built in 1981.

Legal description: Hgd Blk 7002 Tr 0.2 Acs 2.7615 Impts Only Int202200316965 Dd12092022 Co-Dc 7002 000 0M2 3007002 000

$74,082,090

Market Value

8.25%

Cap Rate

N/A

NOI

N/A

Occupancy

$174,521,795

Avg Rent

Property Image of 13340 Dallas Pkwy, Dallas, TX 75240, Service

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Property Information

Property TypeService

Sub Property TypeHotel/Motel, High-rise (4+ stories)

Building Area473,645

Land Size0

Land Value$0

Improved Value$74,082,090

Total Assessed Value$74,082,090

Year Built1981

County NameDallas

Account Number0070020000000M200

Cap Rate8.25%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

PoolP

Roof CoverComposition shingle

Type ConstructionFrame

No of Stories21

Total Rooms431

Number of Units448

Elevator

Exterior WallsConcrete

Sales History

4/1/2005

Other$95,000,000

Buyer

Seller

Book Number

Recording Date

4/1/2005

Transaction Details

acquired the property from through a Other transaction on 4/1/2005 for $95,000,000.

Property constructed in 1981

YSale Price (USD) byXSales Year

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Mortgage History

6/26/2024

Non arms length transactions with valid title company name no accomodations$65,000,000

Borrower

Ghv Hotel Owner Llc

Lender

Aareal Cap Corporation

Book Number

2024.130061

Recording Date

6/26/2024

Transaction Details

Ghv Hotel Owner Llc borrowed the property from Aareal Cap Corporation through a Non arms length transactions with valid title company name no accomodations transaction on 6/26/2024 for $65,000,000.

Property constructed in 1981

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	GBA (SF) ↕
2026	-	$70,851,990	$70,851,990	$70,851,990	Ghv Owner Llc	2121 N Pearl St Ste ...	Hgd Blk 7002 Tr 0.2 ...	1DSC01	-	473,645
2025	-	$68,888,360	$68,888,360	$68,888,360	Ghv Owner Llc	2121 N Pearl St Ste ...	Hgd Blk 7002 Tr 0.2 ...	1DSC01	Hgd	473,645
2024	-	$65,689,160	$65,689,160	$65,689,160	Ghv Owner Llc	2121 N Pearl St Ste ...	Hgd Blk 7002 Tr 0.2 ...	1Dsc01	HGD	473,645
2023	-	$53,188,360	$53,188,360	$53,188,360	Ghv Owner Llc	2121 N Pearl St Ste ...	Hgd Blk 7002 Tr 0.2 ...	1DSC01	HGD	473,645
2022	-	$40,188,360	$40,188,360	$40,188,360	Galleria Investors L...	13340 Dallas Pkwy St...	Hgd Blk 7002 Tr 0.2 ...	1DSC01	-	473,645
2021	-	$41,688,360	$41,688,360	$41,688,360	Galleria Investors L...	13340 Dallas Pkwy St...	Hgd Blk 7002 Tr 0.2 ...	1DSC01	HGD	473,645
2020	-	$51,788,360	$51,788,360	$51,788,360	Galleria Investors L...	13340 Dallas Pkwy St...	Hgd Blk 7002 Tr 0.2 ...	1DSC01	-	473,645
2019	-	$51,788,360	$51,788,360	$51,788,360	Galleria Investors L...	13340 Dallas Pkwy St...	Hgd Blk 7002 Tr 0.2 ...	1DSC01	-	473,645
2018	-	$49,863,360	$49,863,360	$49,863,360	Galleria Investors L...	%cushman & Wakefield...	Hgd Blk 7002 Tr 0.2 ...	1DSC01	-	473,645
2017	-	$49,188,360	$49,188,360	$49,188,360	Galleria Investors L...	%cushman & Wakefield...	Hgd Blk 7002 Tr 0.2 ...	1DSC01	-	473,645

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Showing 1 to 10 of 18 entries

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
13340 Dallas Pkwy, Dallas, TX 75240	0070020000000M200	Service	Hotel/Motel, High-rise (4+ stories)	Ghv Owner Llc	Dallas	-	$ 95,000,000	2005-04-01	$ 200.57	1981	473,645	448
1717 N Akard St, Dallas, TX 75201	00000112297000000	Service	Hotel/Motel, High-rise (4+ stories)	-	Dallas	10.1	$ 147,430,500	2025-03-12	$ 254.61	1961	579,037	545
13131 N Central Expy, Dallas, TX 75243	0077560E0016B0000	Service	Hotel/Motel, High-rise (4+ stories)	13131 N Central Expy Llc	Dallas	3.4	$ 22,610,000	2024-07-24	$ 98.60	1984	229,300	279
4650 W Airport Fwy, Irving, TX 75062	32543200010010000	Service	Hotel/Motel, High-rise (4+ stories)	Sirmaur Dfw Hotels Lp	Dallas	13.5	$ 23,940,000	2024-11-20	$ 131.46	1984	182,111	305
811 Commerce St, Fort Worth, TX 76102	00005649	Service	Hotel/Motel, High-rise (4+ stories)	Glf Fw Hotel Llc	Tarrant	32.1	$ 12,768,000	2025-08-19	$ 53.41	1967	239,040	-
801universitydre, College Station, TX 77840	45744	Service	Hotel/Motel, High-rise (4+ stories)	Calgary Square Eat Llc	Brazos	162.1	$ 20,947,500	2026-01-30	$ 94.01	1984	222,830	1
15222 Jfk Blvd 415, Houston, TX 77032	0461780000028	Service	Hotel/Motel, High-rise (4+ stories)	Krishna Iah Llc	Harris	225.9	$ 17,556,000	2025-11-18	$ 72.38	1971	242,564	415
6750 Main St 354, Houston, TX 77030	1380290000002	Service	Hotel/Motel, High-rise (4+ stories)	Scp 6750 Main Street Llc	Harris	239.2	$ 86,500,000	2023-09-21	$ 303.16	2016	285,326	354
16011 Katy Fwy 206, Houston, TX 77094	1307010010001	Service	Hotel/Motel, High-rise (4+ stories)	Apple Nine Hospitality Ownership Inc	Harris	229.2	$ 17,024,000	2025-08-18	$ 114.89	2008	148,173	206
5701 Main St 315, Houston, TX 77005	0391560000001	Service	Hotel/Motel, High-rise (4+ stories)	Rb Zaza Houston Llc	Harris	238.4	$ 60,000,000	2024-12-09	$ 227.38	1952	263,877	315
2712 Sw Fwy 355, Houston, TX 77098	0760370000001	Service	Hotel/Motel, High-rise (4+ stories)	Comm 2014ccre17 Crowne Plaza Hou Llc,comm 2014ccre17 Crowne Plaza Hou	Harris	237.3	$ 24,195,000	2025-02-04	$ 97.32	1984	248,610	355

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	13340 Dallas Pkwy, Dallas, TX 75240	—	-	0	1981	473,645	$ 74,082,090	-	-
Commerce Bank	5954 Luther Ln, Dallas, TX 75225	08/29/2025	$ 37,000,000	41,470	1999	149,259	$ 37,000,000	$ 5,391,100
Washington Federal Bank Na	11611 Luna Rd, Farmers Branch, TX 75234	08/25/2025	$ 15,250,000	217,974	1998	96,590	$ 17,612,000	$ 2,070,750	Luna Farmers Branch Hotel Llc
Farmers Bank & Trust	4875 Belt Line Rd, Addison, TX 75001	05/29/2025	$ 3,400,000	126,210	2015	80,208	$ 15,991,310	$ 2,271,780	Shinn Addison Hospitality Ltd
Celtic Bank Corporation	10325 N Central Expy, Dallas, TX 75231	05/27/2025	$ 11,775,900	118,135	1989	89,319	$ 7,388,290	$ 3,544,050	Trafalgar Square Hospitality Llc
Property Tax Lending Lp	9230 Lbj Fwy, Dallas, TX 75243	05/21/2025	$ 156,207	86,285	1997	44,508	$ 7,324,270	$ 1,294,280	Park Central Hotel Group Llc
First National Bank And Trust	1570 Lbj Fwy, Farmers Branch, TX 75234	05/15/2025	$ 9,000,000	52,185	2016	61,245	$ 7,700,000	$ 626,220	Dhillon Investors Llc
Global One Bank	4451 Belt Line Rd, Addison, TX 75001	04/18/2025	$ 5,000,000	145,447	1989	73,859	$ 7,973,440	$ 2,908,940	Addison Hotels Llc
Prosperity Bank	606 W John W Carpenter Fwy, Irving, TX 75038	03/27/2025	$ 16,000,000	107,766	2018	123,192	$ 19,935,400	$ 1,832,020	Calla Hospitality Llc
Guaranty Bank & Trust Na	4960 Arapaho Rd, Addison, TX 75001	01/16/2025	$ 750,000	96,712	1999	57,449	$ 5,400,000	$ 1,740,820	Jidol Hotels Llc
The Pauls Valley National Bank	6055 Lbj Fwy, Dallas, TX 75240	01/08/2025	$ 5,450,000	94,916	2008	74,656	$ 6,120,000	$ 2,372,900	Sai Stemmons Llc

Mean$ 82,843,098

Median$ 15,625,000.0

Loan Amount Range$ 156,207 - $ 985,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
13340 DALLAS PKWY, DALLAS, TX 75240-6603	FREE MOBILE SVC AUTO GLASS	9725607073	GLASS-AUTO PLATE & WINDOW & ETC
13340 DALLAS PKWY, DALLAS, TX 75240-6603	DAYS INN CITY CTR	9729349494	HOTELS & MOTELS
13340 DALLAS PKWY, DALLAS, TX 75240-6603	SECOND FLOOR	9724502978	FOODS-CARRY OUT
13340 DALLAS PKWY, DALLAS, TX 75240-6698	WESTIN HOTELS	9724502944	HOTELS & MOTELS
13340 DALLAS PKWY, DALLAS, TX 75240-6603	OGKMA	9729349494	NONCLASSIFIED ESTABLISHMENTS
13340 DALLAS PKWY, DALLAS, TX 75240-6698	WESTIN	9724502944	HOTELS & MOTELS
13340 DALLAS PKWY, DALLAS, TX 75240-6603	CORNER BAKERY CAFE	9729342253	FOODS-CARRY OUT
13340 DALLAS PKWY, DALLAS, TX 75240-6603	USA	9729349494	MISCELLANEOUS RETAIL STORES NEC
13340 DALLAS PKWY, DALLAS, TX 75240-6603	SECOND FLOOR	9724502978	RESTAURANTS
13340 DALLAS PKWY, DALLAS, TX 75240-6603	CORNER BAKERY CAFE	9729342253	RESTAURANTS

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License Details

This details prefers to stay low-key.

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