1175 N Watson Rd - Hospitality FOR SALE


Arlington, TX 76011- North Arlington
$4,700,000 USD
607-423-8718
1175 N Watson Rd, Arlington, TX for Sale
$4,700,000 USD
Hospitality - FOR SALE
1/23
null | 9.7% Cap Rate

1175 N Watson Rd
Arlington, TX 76011
North Arlington


HIGHLIGHTS

  • 72 Room Hotel in Arlington Entertainment District
  • 2 Miles from AT&T Stadium
  • 10 Miles from DWF Airport
  • Newly Improved Pool
  • Full Restaurant, Bar and Event Hall

OVERVIEW

72 Total Rooms - North Building w/ 52 Rooms (including Manager’s Suite) + South Building w/ 20 Rooms (each with kitchenettes) 147 Parking Spaces (Room for Development!!!) 2 On-Site Bars | Full Kitchen and Restaurant | Meeting/Event Space | Outdoor Pool Full Renovation Completed in 2022 Fully Air Conditioned Owner Financing Available

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$181 USD /SF

# OF ROOMS

60

PRICE/ROOM

$78,333 {currency}

CAP RATE

9.7%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

R Nite Star Inn & Suites

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1964

PARKING SPACES

147

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,754 SF

ZONING

N/Av, Arlington

APN/PARCEL ID

03747123

ASK ABOUT THIS PROPERTY

Will ConneryTransworld Commercial Real EstateMore Info
607-423-8718

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Will ConneryTransworld Commercial Real EstateMore Info
607-423-8718

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.