Current Use by Public Records
- Five Star Inn / Hotel & Motel
Property Details for 2701 Burleson Blvd
- Year built
- 1984
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
Exceptional opportunity to acquire a profitable 60-room hotel in Burleson, Texas. This established property boasts 27,738 square feet across three buildings situated on a substantial 1,276,000 square foot lot (approximately nine acres) with an additional 20 acres of adjacent agriculturally zoned land. The asking price is $6,000,000, representing a compelling $216.31 per square foot and a 7.01% capitalization rate, with a current Net Operating Income (NOI) of $420,523. Built in 1984, the hotel benefits from a highly visible location with over 1,000 feet of frontage on I-35W Highway, offering significant exposure and accessibility. The property includes the main hotel building, an additional building, and a separate RV dealership building, all included in the sale. The property is zoned for multiple uses, presenting potential for future expansion or redevelopment. Located just 20 minutes from downtown Fort Worth, this property offers a strong investment opportunity in a growing market. The sale is AS IS. APN: 126062700829.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burleson
- County
- Johnson
- State
- Texas
- Longitude
- -97.2785
- Latitude
- 32.4839
