Fairfield Inn & Suites
For Sale
Contact for pricing
3701 NE Loop 820, Fort Worth, TX 76137
Well-maintained 104-room hotel in Fort Worth, Texas.
Property Size48,927 SF
Lot Size2.00 Acres
Price / SF$171.68
Days on Market170
Property Features for 3701 NE Loop 820
General Information
Standard status
Active
Size
48,927 SF
Lot size
2.00 Acres
Property subtype
Hospitality
Building Details
Year Built
1997
Year Renovated
2013
Listing Agency:
Century 21 Allstars
Listed By:
Silvestre Madrigal Jr. · License #01363650
Source:
Crexi
Added: Mar 4
Changed: Aug 12
Last Checked: Aug 20 at 6:26PM
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 Century 21 Allstars
Investment Insights
Based on property information with market context.
The Fairfield Inn & Suites Fort Worth TX is a hospitality investment opportunity located at 3701 NE Loop 820, Fort Worth TX 76137. The property features 104 rooms within its 48,927 square feet, situated on 2 acres of land. Constructed in 1997 and renovated in 2013, the hotel has a modern design and updated amenities. The surrounding area has a strong demographic profile, making it an attractive location for hospitality businesses. The property's strategic location provides access to a population of over 286,033 within a 5-mile radius, with a median household income of $79,222. This property is intended for use as a hotel.
Key Highlights
- Prime hospitality investment opportunity in Fort Worth, TX.
- 104 rooms in a 48,927 SF property on 2 acres.
- Renovated in 2013 with a modern design and updated amenities.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$355,577
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,111,540
$7.1M
Cap Rate 7%
$5,079,671
$5.1M
Cap Rate 9%
$3,950,856
$4.0M
Market Conditions
NOI Build-Up for 48,927 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$880.7K $18.00/SF
− Vacancy
−$132.1K −$2.70/SF
EGI
$748.6K $15.30/SF
− OpEx
−$393.0K −$8.03/SF
NOI
$355.6K $7.27/SF
Area
ZIP 76137
Vacancy
15.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,111,540
Cap Rate 7%
$5,079,671
Cap Rate 9%
$3,950,856
Alternative Uses
Best Use
Hotel Hospitality
$5.08M
$4.44M – $5.93M
NOI $355,577 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.92M
$11.30M – $15.07M
NOI $904,171 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
Business Placement
Demographics for 76137, TX
60,555
Population
24,118
Households
2.5
Avg Household Size
34
Median Age
33%
College-Educated
92%
High-School Grad
13.6 sq mi
ZIP Area
4,453
Density / Sq Mi
$86,886
Median Household Income
$49,068
Median Earnings
$1,632
Median Rent
$283,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Well-maintained 104-room hotel in Fort Worth, Texas.
Where is this hotel located?
The property is located at 3701 NE Loop 820 Fort Worth, TX.
What is the asking price?
The asking price for this property is $8,399,900.
What are key features of this property?
This property features: Prime hospitality investment opportunity in Fort Worth, TX.; 104 rooms in a 48,927 SF property on 2 acres.; Renovated in 2013 with a modern design and updated amenities.
