214-549-2125
1300 N Interstate 35, Gainesville, TX for Sale
Hospitality - FOR SALE
1/4
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1300 N Interstate 35
Gainesville, TX 76240


HIGHLIGHTS

  • Ideally located near I-35
  • Top performing asset with strong in-place cash flow
  • Value-add opportunity through PIP completion
  • Favorable supply dynamics
  • Assumable CMBS at attractive rate

OVERVIEW

The Fairfield Inn & Suites Gainesville I-35 is strategically located directly off Interstate 35, offering seamless access to a range of corporate, educational, and leisure destinations in the Gainesville area. Situated within 5 minutes of key manufacturing facilities, the Hotel benefits from its proximity to Trident Process Systems and Advanced Pedestals. These facilities are located within the expansive 126-acre Camp Howze Rail Park, a part of the BNSF Gainesville Yard. BNSF Railway, the largest freight railroad in the United States, has attracted significant industrial investment to the region, with the manufacturing industry contributing over $48.6 million since 2017. For educational demand, the Hotel is 6 minutes from North Central Texas College (NCTC) – Gainesville, the oldest continuously operating 2-year college in Texas. Spanning 110 acres, NCTC serves over 8,000 students across 7 campuses and is ranked as the #1 community college in Texas for health sciences. Corporate and travel needs are further supported by Gainesville Municipal Airport, a general aviation hub located 9 minutes from the Hotel. This 1,336-acre airport handles over 24,300 aircraft operations annually, enhancing the area’s connectivity for business and leisure travelers. Leisure demand is anchored by Winstar World Casino, located 12 minutes away. As the largest casino in the United States, Winstar has 370,000 square feet of gaming space, featuring over 8,600 electronic games, a 55-table poker room, and 100 total table games, attracting over 300,000 visitors annually.

FOR SALE DETAILS

PRICE

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# OF ROOMS

83

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairfield Inn & Suites Gainesville I-35

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2019

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

C

APN/PARCEL ID

155146

ASK ABOUT THIS PROPERTY

Mason McDavidHunter Hotel AdvisorsMore Info
214-549-2125

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Mason McDavidHunter Hotel AdvisorsMore Info
214-549-2125

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