12720 Merit Dr, Dallas, TX 75251 – Hotel/Motel, High-rise (4+ stories)
Property Details
The Service property 12720 Merit Dr, Dallas, TX 75251 is located in Dallas County. The specific property type is Hotel/Motel, High-rise (4+ stories). The total assessed value of this property is $53,724,850.
The gross building area is 473,229 square feet and the land area is 155,622 square feet for this Hotel/Motel, High-rise (4+ stories) built in 1981.
Legal description: Park Central Vii Blk E/7731 Pt Lot 1 Acs 3.5726 Int201500036526 Dd02122015 Co-Dc 7731 00E 00100 3007731 00E
$53,724,850
Market Value
8.25%
Cap Rate
N/A
NOI
N/A
Occupancy
$107,237,398
Avg Rent
1 / 4
Property Information
Property TypeService
Sub Property TypeHotel/Motel, High-rise (4+ stories)
Building Area473,229
Land Size155,622
Land Value$4,668,660
Improved Value$49,056,190
Total Assessed Value$53,724,850
Year Built1981
County NameDallas
Account Number00000767319250000
Cap Rate8.25%
Very Walkable
Good Transit
Bikeable
Amenities
Air ConditioningCentral
HeatingCentral
Type ConstructionFrame
No of Stories21
Total Rooms546
Number of Units536
Loading Sale History...
Loading Mortgage History...
Loading Assessment History...
Rent & Occupancy
Comparables
Loading Comparables...
Loading Lenders...
Loading Tenants...
Loading License Details...