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R Nite Star Inn & Suites 1175 N Watson Rd 60 Room Hotel Arlington, TX 76011 $4,700,000 ($78,333/Room) 9.70% Cap Rate
INVESTMENT HIGHLIGHTS
- 72 Room Hotel in Arlington Entertainment District
- 10 Miles from DWF Airport
- Full Restaurant, Bar and Event Hall
- 2 Miles from AT&T Stadium
- Newly Improved Pool
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
AMENITIES
- Pool
- Restaurant
- Shuttle Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 60 | $105.00 | - |
PROPERTY TAXES
| Parcel Number | 03747123 | Improvements Assessment | $1,005,015 |
| Land Assessment | $394,985 | Total Assessment | $1,400,000 |
PROPERTY TAXES
Parcel Number
03747123
Land Assessment
$394,985
Improvements Assessment
$1,005,015
Total Assessment
$1,400,000
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R Nite Star Inn & Suites | 1175 N Watson Rd
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