Renovated Motel 6
For Sale
Contact for pricing
Pending
10675 South Freeway, Fort Worth, TX 76140
The property includes on-site live-in suites and has undergone recent renovations.
Property Size28,963 SF
Days on Market174
Property Features for 10675 South Freeway
General Information
Standard status
Pending
Size
28,963 SF
Property subtype
Hospitality
Occupancy
56%
Investment Type
Owner/User
Building Details
Year Built
1998
Year Renovated
2024
Buildings
1
Stories
3
Tenancy
Single
Listing Agency:
Value
Listed By:
Neil Naran · License #02025512
Source:
Crexi
Added: May 1
Changed: Oct 4
Last Checked: Oct 20 at 8:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Value
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Motel 6 property contains 28,963 square feet and was constructed in 1998. The improvements have been recently renovated and include on-site live-in suites. The property also carries a 30-year operating history.
Located at 10675 South Freeway in Fort Worth, Texas, the motel is within the Dallas–Fort Worth MSA. The asset is presented as an established hospitality property with an existing operating platform and dedicated on-site accommodations.
Located at 10675 South Freeway in Fort Worth, Texas, the motel is within the Dallas–Fort Worth MSA. The asset is presented as an established hospitality property with an existing operating platform and dedicated on-site accommodations.
Key Highlights
- Motel 6 property with 28,963 square feet
- Recently renovated motel improvements
- On‑site live‑in suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$154,771
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,095,420
$3.1M
Cap Rate 7%
$2,211,014
$2.2M
Cap Rate 9%
$1,719,678
$1.7M
Market Conditions
NOI Build-Up for 28,963 SF
Gross rent
$434.4K $15.00/SF
− Vacancy
−$108.6K −$3.75/SF
EGI
$325.8K $11.25/SF
− OpEx
−$171.1K −$5.91/SF
NOI
$154.8K $5.34/SF
Area
Fort Worth, TX
Vacancy
25.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,095,420
Cap Rate 7%
$2,211,014
Cap Rate 9%
$1,719,678
Alternative Uses
Best Use
Hotel Hospitality
$2.21M
$1.93M – $2.58M
NOI $154,771 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.52M
$9.21M – $12.27M
NOI $736,471 @ 7.0% cap · market cap 18.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76140, TX
32,623
Population
10,705
Households
3
Avg Household Size
32
Median Age
18%
College-Educated
79%
High-School Grad
27.3 sq mi
ZIP Area
1,195
Density / Sq Mi
$73,215
Median Household Income
$37,780
Median Earnings
$1,590
Median Rent
$207,800
Median Home Value
Similar Off Market Nearby
- Hotel 6 fort wort — Fort Worth, TX 76140
- Microtel Inn & Suites by Wyndham Fort Worth South — 10675 South Fwy, Fort Worth, TX 76140
- Motel 6 Fort Worth - Burleson — 10675 South Fwy, Fort Worth, TX 76140
- Plaza Motel — 10633 South Fwy, Fort Worth, TX 76140, United States
- Budget motel — 10633 South Fwy, Fort Worth, TX 76140
Frequently Asked Questions
What type of property is this?
Motel - The property includes on-site live-in suites and has undergone recent renovations.
Where is this motel located?
The property is located at 10675 South Freeway Fort Worth, TX.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Motel 6 property with 28,963 square feet; Recently renovated motel improvements; On‑site live‑in suites
