Address: 1175 N Watson Rd, Arlington, TX 76011, USA
Created date: June 15, 2024
Date last updated: June 18, 2024
- NOI $530k/ year
- CAP Rate 8.5%
- The hotel has 72 rooms
- Sold with land next door with the potential to add on our build-a-new Hotel at least another 40 rooms plus
- Owner's finance available
- Recently repainted exterior providing an updated view
- Just south of DFW International Airport, and equidistant from both Downtown Dallas and Fort Worth
- Highly Trafficked N HWY 360 offers great visibility to the property
- Centrally located between Avenue J and E Lamar for easy HWY 360 access
Property Description
Discover a prime investment opportunity with this impressive 26,009 SF building at 1175 N Watson Rd, Arlington, TX. Boasting a recent renovation in 2020, this property offers modern amenities in a classic structure built in 1964, providing a timeless appeal. Zoned F1 for maximum flexibility, this location is ideal for hospitality and full-service investors seeking a strategic foothold in the thriving Arlington area. With its standout features and strategic positioning, this property presents an enticing prospect for those looking to make a substantial impact in the local market.