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Radisson Hotel Fort Worth North-Fossil Creek 2540 Meacham Blvd 247 Room Hotel Fort Worth, TX 76106 For Sale
Investment Highlights
- Call For Offers
Executive Summary
- Property is being sold on a call for bids basis
- Strong historical revenue performance with peak revenues exceeding $7.3M
- Significant upside opportunity through renovation
- Repositioning opportunities with multiple brands
- Estimated PIP / renovation costs: ~$25,000 per key (Potential key money available with various brands)
- Strong historical revenue performance with peak revenues exceeding $7.3M
- Significant upside opportunity through renovation
- Repositioning opportunities with multiple brands
- Estimated PIP / renovation costs: ~$25,000 per key (Potential key money available with various brands)
Data Room Click Here to Access
Property Facts
| Sale Type | Investment | No. Rooms | 247 |
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built | 1985 |
| Building Class | B | Parking Ratio | 2.68/1,000 SF |
| Lot Size | 6.25 AC | Corridor | Interior |
| Building Size | 148,104 SF | ||
| Zoning | C1 - Commercial | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 6.25 AC |
| Building Size | 148,104 SF |
| No. Rooms | 247 |
| No. Stories | 6 |
| Year Built | 1985 |
| Parking Ratio | 2.68/1,000 SF |
| Corridor | Interior |
| Zoning | C1 - Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Wheelchair Accessible
- On-Site Retail
- On-Site Bar
- Indoor Pool
- Meeting Event Space
- Wedding Venue
- Public Access Wifi
- Smoke-Free
- Smoke Detector
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | $178.17 CAD | - |
| Guest Room | 241 | $151.93 CAD | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 04901398 | Improvements Assessment | $12,354,699 CAD |
| Land Assessment | $3,340,917 CAD | Total Assessment | $15,695,617 CAD |
Property Taxes
Parcel Number
04901398
Land Assessment
$3,340,917 CAD
Improvements Assessment
$12,354,699 CAD
Total Assessment
$15,695,617 CAD
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Radisson Hotel Fort Worth North-Fossil Creek | 2540 Meacham Blvd
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