215 Alford Dr - Hospitality FOR SALE


Weatherford, TX 76086
$14,000,000 USD
817-201-9344
215 Alford Dr, Weatherford, TX for Sale
$14,000,000 USD
Hospitality - FOR SALE
1/24
null | Request Cap Rate

215 Alford Dr
Weatherford, TX 76086


OVERVIEW

*****Please do not contact hotel staff or disturb operations***** Fee-simple sale of an 80-key TownePlace Suites by Marriott in Weatherford (Parker County), TX. Offering process: A full due-diligence package — trailing-12 and trailing-18 month P&Ls hotel opened as TPS April 2nd 2024, STR/market-share reports, franchise agreement, no pip, tax bills, — will be shared with qualified buyers upon execution of a confidentiality agreement. Please do not contact hotel staff or disturb operations; all inquiries through the seller. Brand & franchise: Marriott-flagged (TownePlace Suites). Sale is subject to franchise approval and a possible brand-mandated Property Improvement Plan (PIP) for the buyer. [Franchise agreement runs through ___ / a new term is available to approved operators.] Management: [Delivered free and clear of management — buyer may install its own operator. / Existing management assumable.] Financing: All-cash or conventional financing preferred. Owner-operators should verify eligibility for conventional or SBA 504 financing with their lender. [Seller financing considered for qualified buyers.] Tours & timing: By appointment only, coordinated through the seller. ***DO NOT GO INTO HOTEL ASKING ITS FOR SALE AND TALK TO STAFF*** Contact: Chetan P. cpanchal@durshhsopitalitymanagement.com

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$315 USD /SF

# OF ROOMS

80

PRICE/ROOM

$175,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TownePlace Suites Weatherford

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2010

PARKING SPACES

79

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

F1

APN/PARCEL ID

10913-001-002-00

ASK ABOUT THIS PROPERTY

Chetan PanchalDursh Hospitality Mgmt - Courtyard by Marriott ...More Info
817-201-9344

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Chetan PanchalDursh Hospitality Mgmt - Courtyard by Marriott ...More Info
817-201-9344

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