4609 Citylake Blvd W - Hospitality FOR SALE


Fort Worth, TX 76132- Benbrook
$10,990,000 USD
714-397-5539
4609 Citylake Blvd W, Fort Worth, TX for Sale
$10,990,000 USD
Hospitality - FOR SALE
1/29
null | Request Cap Rate

4609 Citylake Blvd W
Fort Worth, TX 76132
Benbrook


OVERVIEW

-Recently Reduced! -91 Keys – 1998 Construction – 4 Story- Interior Corridor, 125K per key -Highly Desirable Dallas-Fort/Worth MSA -Full Formula Blue 2.0 PIP completed in June 2025, 2.2M Rev ($65 RevPar) in 2023 prior to Renovation -Unrenovated Hyatt directly across the street, doing $80 RevPar, providing HEIX with great upside ($80 RevPar = 2.65M) - “A” Location surrounded by major employers and commerce, providing it with high barriers to entry -Motivated sellers are willing to meet the markedt -Pro Forma CAP of 8.75% at list with assumed $78 RevPar, 2.59M revenue, 62% expenses

FOR SALE DETAILS

PRICE

$10,990,000 USD

PRICE/SF

$216 USD /SF

# OF ROOMS

91

PRICE/ROOM

$120,769 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Fort Worth South

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1998

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.62 AC

LAND SF

113,928 SF

ZONING

G, Fort Worth

APN/PARCEL ID

07032021

ASK ABOUT THIS PROPERTY

Sheil StampwalaT & S Hotel AdvisorsMore Info
714-397-5539

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Sheil StampwalaT & S Hotel AdvisorsMore Info
714-397-5539

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