Hodges Ward Elliott (“HWE”) is pleased to present the opportunity to acquire the 155-room Hyatt House Dallas/Lincoln Park (“Property” or “Hotel”), an institutionally maintained, extended-stay hotel boasting one of the most desirable locations within the Dallas market. The Hotel’s Park Cities zip code places it within one of the country’s wealthiest pockets, adjacent to NorthPark Center (one of the highest-grossing malls in the U.S.), minutes from Southern Methodist University (SMU), and at the center of a major concentration of office space anchored by Preston Center and the Central Expressway (US 75) corridor. Additionally, the Hyatt House is one of the closest hotels to the 888-bed Texas Health Presbyterian Hospital Dallas, one of Dallas’s primary medical campuses and the flagship institution for the Texas Health system. Offered unencumbered of management, the fee-simple Hotel presents a rare opportunity to acquire a value-add extended-stay asset within the most desirable area of one of the nation’s top economic growth markets.
Strategically located in the heart of the Park Cities, one of the most affluent neighborhoods in the United States, the Property specifically sits within University Park and offers immediate proximity to neighboring Highland Park; together, the two communities have an average household income well exceeding $250,000 and are collectively ranked the #6 wealthiest suburb in America. This concentration of wealth has sustained a retail base unmatched in the Dallas-Fort Worth MSA (DFW), placing the Hotel close to Highland Park Village (a National Historic Landmark known as the “Rodeo Drive of Dallas”), Snider Plaza (an upscale open-air center bordering the SMU campus), and NorthPark Center (the largest upscale shopping destination in DFW, drawing approximately 26 million visitors annually). The Property is also minutes from SMU, one of the most prestigious and selective universities in North Texas and home to over 12,500 students.
The Hyatt House is located within a four-mile radius of two of the largest hospitals in DFW, the 888-bed Texas Health Presbyterian Hospital Dallas and the 899-bed Medical City Dallas Hospital. Just over two miles away, Texas Health Presbyterian Hospital Dallas is the flagship institution and primary teaching hospital for the Texas Health system. Ranked by U.S. News & World Report, the hospital is one of the top five medical centers in DFW. Roughly four miles away, Medical City Dallas Hospital is renowned for its excellence across nearly 100 specialties. The hospital employs close to 3,000 people, including more than 1,500 affiliated providers.
The Hotel sits amid some of the city’s core office nodes, headlined by Preston Center and the US 75 office corridor. The corridor holds nearly 20 million SF of office space clustered along the highway between I-635 and downtown Dallas, and the Property sits directly across the highway from Topgolf’s corporate headquarters and The Gild, a recently renovated complex offering nearly 900,000 SF of premier office space. To the west, Preston Center is a 105-acre commercial district anchoring one of Dallas’s most established business submarkets, with over 500,000 SF of retail and more than 2.7 million SF of Class A office.
The Property sits at one of the highest-volume intersections in Dallas, directly off Northwest Highway (Loop 12) and US 75, where combined average daily traffic exceeds 250,000 vehicles, placing it in a highly visible location. Just a few miles from downtown Dallas, the Hyatt House also offers convenient access to I-635, I-30, I-35E, and I-45, connecting it to the rest of the metroplex, along with direct routes to both Dallas-Fort Worth International Airport, roughly 20 miles away, and Dallas Love Field, just over six miles to the west.
Hover or focus a highlight above to trace it on the map.
The Hotel sits within the Dallas-Fort Worth MSA, the fourth-largest metropolitan area in the United States, with a population of approximately 8.5 million. The region has led the nation in workforce growth this decade, adding roughly 450,000 net new jobs. In addition, DFW led the country in population growth in 2023, adding approximately 191,000 residents, and has ranked among the nation’s top metros for numeric gains every year since, adding approximately 189,000 residents in 2024 and 124,000 in 2025, a cumulative increase of more than 500,000 people in three years. As further testament to its prowess, DFW was ranked the No. 1 investment market in the United States for the fifth consecutive year in CBRE’s 2026 North America Investor Intentions Survey, and the region is home to 49 Fortune 1000 headquarters.
Within a 10-mile radius of the Hotel, the Hyatt House is one of only five Hyatt-branded select-service hotels, representing 677 keys. Compared to Marriott (33 select-service hotels; 4,261 keys), Hilton (25 select-service hotels; 3,057 keys), and IHG (15 select-service hotels; 1,611 keys), Hyatt accounts for 6.4% of total select-service hotels and 7.0% of total select-service keys in the area. This dynamic creates a less competitive environment for the Hyatt House compared to other branded products around the Property.
| Brand | Hotels | Keys | % of Market | % of Market (Keys) |
|---|---|---|---|---|
 | 33 | 4,261 | 42.3% | 44.4% |
 | 25 | 3,057 | 32.1% | 31.8% |
 | 15 | 1,611 | 19.2% | 16.8% |
 | 5 | 677 | 6.4% | 7.0% |
| Total | 78 | 9,606 | 100.0% | 100.0% |
With oversized guestrooms and elevated, residential-quality finishes, the all-suite Hyatt House offers a decided advantage over competing area hotels. The Property has been institutionally maintained; however, a new owner will have the opportunity to execute on targeted PIP renovations to improve ADR and fully capitalize on the potential of the location/surrounding area.
The non-union, fee-simple interest in the Hyatt House is being offered free and clear of existing management and debt, affording new ownership maximum optionality in the future operation and capitalization of the Hotel.
To receive the full Offering Memorandum and access data room materials, please execute the Confidentiality Agreement below.