Side-by-Side Denton Hotels Sold by Angel Hospitality

A two-property, 180-room hospitality portfolio in Denton, Texas was sold by Angel Hospitality Group to an unnamed buyer. The assets are an 88-room La Quinta Inn & Suites (in picture) and a Holiday Inn Express & Suites with 92 rooms. Marcus & Millichap represented Angel Hospitality.

“Both assets recently completed property improvement programs and maintain premium brand affiliations with two of the hospitality industry’s most trusted brands,” said Marcus & Millichap’s Alan Miller. La Quinta Inn & Suites is affiliated with Wyndham Hotels & Resorts and the Holiday Inn Express & Suites with InterContinental Hotels Group. The hotels are located off Interstate 35, near University of North Texas, Texas Woman’s College, Lake Lewisville, Denton Water Works Park, Diamond T Ranch & Arena, and Historic Downtown Denton.

The La Quinta Inn & Suites was built in 2010 and improved in 2020-2021. Constructed in 2009, the Holiday Inn Express & Suites received improvements in 2020. Both hotels have on-site fitness centers, laundry facilities, business centers, and indoor heated pools with whirlpools.