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Fairfield Inn & Suites Gainesville I-35 1300 N Interstate 35 83 Room Hotel Gainesville, TX 76240 For Sale
INVESTMENT HIGHLIGHTS
- Ideally located near I-35
- Value-add opportunity through PIP completion
- Assumable CMBS at attractive rate
- Top performing asset with strong in-place cash flow
- Favorable supply dynamics
EXECUTIVE SUMMARY
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.
PROPERTY FACTS Under Contract
| Sale Type | Investment | No. Rooms | 83 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2019 |
| Building Class | B | Parking Ratio | 1.28/1,000 SF |
| Lot Size | 2.50 AC | Corridor | Interior |
| Building Size | 46,927 SF | Opportunity Zone |
Yes
|
| Zoning | C - Commercial (NEC) | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.50 AC |
| Building Size | 46,927 SF |
| No. Rooms | 83 |
| No. Stories | 4 |
| Year Built | 2019 |
| Parking Ratio | 1.28/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial (NEC) |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $118.00 | - |
| Guest Room | 79 | $108.00 | - |
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PROPERTY TAXES
| Parcel Number | 155146 | Improvements Assessment | $8,242,212 |
| Land Assessment | $1,308,888 | Total Assessment | $9,551,100 |
PROPERTY TAXES
Parcel Number
155146
Land Assessment
$1,308,888
Improvements Assessment
$8,242,212
Total Assessment
$9,551,100
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Fairfield Inn & Suites Gainesville I-35 | 1300 N Interstate 35
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