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3701 Tanacross Dr
Fort Worth, TX 76137
Homewood Suites by Hilton | At Fossil Creek · Hospitality Property For Sale · 108,201 SF

INVESTMENT HIGHLIGHTS

  • Homewood Suites by Hilton Fort Worth - N at Fossil Creek is lender owned, 137-suite, institutional-quality concrete construction extended-stay hotel.
  • Hotel amenities include an outdoor pool, breakfast area, suite shop, fitness center, meeting space, laundry facility, and business center.
  • Major demand generators include large employers American Airlines and Lockheed Martin, along with BNSF Railway whose corporate office is nearby.
  • Value-add investment in a growing submarket/ highly sought after DFW MSA; 12-Month RevPAR in the N Fort Worth hotel submarket up 6.3% as of Dec 2023.
  • 17 miles from DFW Airport, 7 miles from Downtown Fort Worth, and Fort Worth Stockyards conveniently located close to Interstates 820, 35W, and 30.
  • Lender Owned

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.35 AC
Building Size 108,201 SF
No. Stories 7
Year Built/Renovated 1998/2017
Parking Ratio 1.76/1,000 SF
Corridor Interior
Zoning G, Fort Worth

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites
  • Digital key

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07039778
Land Assessment
$1,092,810
Improvements Assessment
$4,750,190
Total Assessment
$5,843,000
  • Listing ID: 32771818

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 3701 Tanacross Dr, Fort Worth, TX 76137

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