3740 Tanacross Dr
Fort Worth, TX 76137
Microtel Inn & Suites - Fort Worth North · Hospitality Property For Sale
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32,958 SF
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2002 |
| Building Class | C | Parking Ratio | 1.07/1,000 SF |
| Lot Size | 1.25 AC | Corridor | Interior |
| Building Size | 32,958 SF | ||
| Zoning | F1 Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.25 AC |
| Building Size | 32,958 SF |
| No. Stories | 3 |
| Year Built | 2002 |
| Parking Ratio | 1.07/1,000 SF |
| Corridor | Interior |
| Zoning | F1 Commercial |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 3740 TANACROSS DR , FORT WORTH, TX 76137
Microtel Inn and Suites by Wyndham Forth Worth North is a 69 room, interior corridor hotel, constructed in 2002 and recently went thru an extensive renovation. Situated directly off of Interstate 820, this midscale hotel is within the highly sought after Fort Worth metro. The property features a fitness center, 600 square feet of meeting space, business center and an outdoor swimming pool. Rooms offer amenities such as flat screen HDTVs with premium cable channels, microwaves, refrigerators, irons with ironing boards and work desks. We are located off I-820 near Fort Worth Convention Center, and convenient to area museums, stockyards, downtown, and the zoo. Microtel Inn and Suites generated approximately $970K in revenue during fiscal year 2016. The property is currently being managed by a third party management company. Value-add opportunity is to acquire an absentee owned property currently operating at a $34 RevPar vs competitor's $49 RevPar. I-820 Interstate and Beach Street exit in Fort Worth, TX
Property Taxes
| Parcel Number | 07216874 | Improvements Assessment | $1,601,812 |
| Land Assessment | $423,188 | Total Assessment | $2,025,000 |
Property Taxes
