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R Nite Star Inn & Suites 1175 N Watson Rd 72 Room Hotel Arlington, TX 76011 For Sale 10% Cap Rate
Investment Highlights
- Entertainment District of Arlington - Incredible Location
- 52 Guest Rooms + 20 Extended Stay Suites
- Large Event Hall with Bar and Prep Kitchen
- Fully Renovated in 2022 + Substantial Updates in 2026
- Full Bar and Restaurant
- 0.66 Acre Lot of Land (Additional Parking Lot or Development) Included in Sale (1155 N Watson)
Executive Summary
PROFITABLE 3 STAR HOTEL IN HEART OF ENTERTAINMENT DISTRICT OF ARLINGTON, TX
0.66 Acre Lot of Land Included in Sale (1155 N Watson)
R Nite Star Inn & Suites is a fully renovated, independent hotel in Arlington, TX, featuring 72 rooms across two buildings, including 20 studio units with kitchenettes. The 2.86-acre property offers strong value-add potential with 147 surface parking spaces, two bars, a full-service restaurant, event space, and an outdoor pool. Recently renovated in 2022, the 26,009 SF hotel is air-conditioned and constructed with wood framing and exterior corridors. Owner financing is available.
1175 N Watson Rd is ideally positioned in the heart of Arlington’s vibrant Entertainment District. This sought-after area is home to premier destinations including AT&T Stadium, Globe Life Field, Texas Live!, and Six Flags Over Texas—attracting millions of leisure and business travelers each year. The property offers immediate access to major highways, a strong year round tourism draw, and proximity to top dining, retail, and event venues, making it a prime opportunity for hotel investment.
0.66 Acre Lot of Land Included in Sale (1155 N Watson)
R Nite Star Inn & Suites is a fully renovated, independent hotel in Arlington, TX, featuring 72 rooms across two buildings, including 20 studio units with kitchenettes. The 2.86-acre property offers strong value-add potential with 147 surface parking spaces, two bars, a full-service restaurant, event space, and an outdoor pool. Recently renovated in 2022, the 26,009 SF hotel is air-conditioned and constructed with wood framing and exterior corridors. Owner financing is available.
1175 N Watson Rd is ideally positioned in the heart of Arlington’s vibrant Entertainment District. This sought-after area is home to premier destinations including AT&T Stadium, Globe Life Field, Texas Live!, and Six Flags Over Texas—attracting millions of leisure and business travelers each year. The property offers immediate access to major highways, a strong year round tourism draw, and proximity to top dining, retail, and event venues, making it a prime opportunity for hotel investment.
Property Facts
| Sale Type | Investment | Building Size | 26,009 SF |
| Cap Rate | 10% | No. Rooms | 72 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1964/2022 |
| Building Class | C | Parking Ratio | 5.65/1,000 SF |
| Lot Size | 2.20 AC | Corridor | Exterior |
| Zoning | N/Av, Arlington - Short Term Rental (STR) Zone | ||
| Sale Type | Investment |
| Cap Rate | 10% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.20 AC |
| Building Size | 26,009 SF |
| No. Rooms | 72 |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2022 |
| Parking Ratio | 5.65/1,000 SF |
| Corridor | Exterior |
| Zoning | N/Av, Arlington - Short Term Rental (STR) Zone |
Amenities
- Pool
- Restaurant
- Shuttle Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 72 | $240.05 CAD | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 03747123 | Improvements Assessment | $1,410,870 CAD |
| Land Assessment | $554,492 CAD | Total Assessment | $1,965,362 CAD |
Property Taxes
Parcel Number
03747123
Land Assessment
$554,492 CAD
Improvements Assessment
$1,410,870 CAD
Total Assessment
$1,965,362 CAD
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R Nite Star Inn & Suites | 1175 N Watson Rd
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