3701 Loop 820Fort Worth, TX 76137

Property Details for 3701 Loop 820

Year built

1973

Lot size

0.43 AC

Property type

Warehouses

APN

A1693-2F04B

APU

A16932F04B

Description

This exceptional 104-key Fairfield Inn & Suites is situated in Fort Worth, Texas, at 3701 NE Loop 820, zip code 76137, within Tarrant County. The three-story hotel, built in 1997 and renovated in 2013, offers 48,927 square feet of space on a 2-acre lot. Each floor encompasses 16,309 square feet. The property benefits from its location in a high-growth area, with a projected population exceeding 286,000 within a 5-mile radius in 2023. This presents a strong investment opportunity, priced at $10,350,000, which equates to $99,519 per key and $211.54 per square foot. The modern amenities and contemporary rooms ensure a comfortable guest experience. This well-maintained hotel offers significant potential for return on investment in a thriving Texas market. The property's strong location and established brand recognition make it an attractive asset for discerning investors seeking a stable and profitable hospitality investment. This is a rare opportunity to acquire a successful hotel in a dynamic and expanding area of Fort Worth.

• Alternative Use

  Use

  Valuation

  Residential

  $3,041,803

  Hospitality

  $2,786,275

  Educational

  $2,318,148

  Medical

  $2,397,873

  Retail

  $3,606,008

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.709

Longitude

-97.2297

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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