Updated La Quinta
For Sale
$7,530,000
1915 Wall St, Weatherford, TX 76086
La Quinta-branded hotel with fully updated rooms and refreshed lobby, breakfast area, and common spaces.
Property Size36,217 SF
Days on Market111
Property Features for 1915 Wall St
General Information
Standard status
Active
Size
36,217 SF
Property subtype
Commercial
Net Operating Income
$7,530,000
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Building Size
36,217 SF
Units
62
Listed By:
Elias Zakas · License #SA710534000 (AZ)
(602) 715-2609
Source:
Matthews
Added: Jul 3
Changed: Oct 12
Last Checked: Oct 20 at 5:03PM
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 Elias Zakas
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Investment Insights
Based on property information with market context.
This La Quinta-branded hotel features fully updated rooms, along with refreshed lobby, breakfast area, and other common spaces under a PIP. The property also includes exterior improvements such as fresh paint, landscaping, and signage.
Located just off Interstate 20, the hotel is described as minutes from Weatherford College. It is also positioned for access to nearby downtown options such as Chandor Gardens and a variety of restaurants, with Fort Worth noted as approximately 25 miles away.
For buyers or operators seeking a hospitality asset with recent interior and exterior refreshes and established brand recognition, the property’s documented updates include new furnishings, updated bathrooms, and overall common-area improvements.
Located just off Interstate 20, the hotel is described as minutes from Weatherford College. It is also positioned for access to nearby downtown options such as Chandor Gardens and a variety of restaurants, with Fort Worth noted as approximately 25 miles away.
For buyers or operators seeking a hospitality asset with recent interior and exterior refreshes and established brand recognition, the property’s documented updates include new furnishings, updated bathrooms, and overall common-area improvements.
Key Highlights
- La Quinta‑branded hotel just off Interstate 20, offering convenient access for travelers passing through
- Fully updated rooms with new furnishings and updated bathrooms
- Lobby, breakfast area, and common spaces refreshed under the PIP program
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$227,081
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,541,620
$4.5M
Cap Rate 7%
$3,244,014
$3.2M
Cap Rate 9%
$2,523,122
$2.5M
Market Conditions
NOI Build-Up for 36,217 SF
Gross rent
$543.3K $15.00/SF
− Vacancy
−$65.2K −$1.80/SF
EGI
$478.1K $13.20/SF
− OpEx
−$251.0K −$6.93/SF
NOI
$227.1K $6.27/SF
Area
Parker County, TX
Vacancy
12.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,541,620
Cap Rate 7%
$3,244,014
Cap Rate 9%
$2,523,122
Alternative Uses
Best Use
Hotel Hospitality
$3.24M
$2.84M – $3.78M
NOI $227,081 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$35.99M
$31.49M – $41.99M
NOI $2,519,120 @ 7.0% cap · market cap 33.45%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 76086, TX
21,429
Population
9,689
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
13.8 sq mi
ZIP Area
1,553
Density / Sq Mi
$61,415
Median Household Income
$38,347
Median Earnings
$1,389
Median Rent
$235,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Hotel - La Quinta-branded hotel with fully updated rooms and refreshed lobby, breakfast area, and common spaces.
Where is this hotel located?
The property is located at 1915 Wall St Weatherford, TX.
What is the asking price?
The asking price for this property is $7,530,000.
What are key features of this property?
This property features: La Quinta‑branded hotel just off Interstate 20, offering convenient access for travelers passing through; Fully updated rooms with new furnishings and updated bathrooms; Lobby, breakfast area, and common spaces refreshed under the PIP program
