Property profile

2540 Meacham Blvd Fort Worth, TX 76106

OFF-MARKET
Hotels
Property ID
US82-0199069
148,104 SF 6.25 ac lot Built 1985
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 250-key hotel opportunity in Fort Worth, Texas, presents a compelling investment prospect. Located at 2540 Meacham Blvd, in Tarrant County, zip code 76106, this established property boasts a significant footprint of 125,000 to 155,000 square feet, spread across a six-story building constructed in 1985. The property is offered for sale by owner at a reduced price of $11,900,000, reflecting a motivated seller. This represents a chance to acquire a substantial hospitality asset within the dynamic Dallas-Fort Worth Metroplex. The hotel's current performance indicates potential for enhanced key metrics, offering significant upside for a savvy investor. Multiple revenue streams and demand drivers contribute to the property's overall value and long-term potential. The property's location within the thriving DFW MSA ensures strong occupancy rates and consistent cash flow. This is a rare opportunity to acquire a well-positioned hotel with substantial room for improvement and growth. Detailed financial information and property photos are available upon request. This is a for-sale-by-owner listing.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1985
Total area 148,104 SF
Lot 6.25 ac (272,381 SF)
APN 21028-4-1
UPID US82-0199069

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Hotel & Motel
  • Nightclub DJ & Entertainment
  • Atm
  • Parking Lot & Garage

Location

2540 Meacham Blvd Fort Worth, TX 76106-2311
Fort Worth metro Census 105009 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.96M

Owner & transaction history

since 2019
6 recorded transactions
2019
Price N/A
2017
Price N/A
2006
Price N/A
2005
Price N/A
2003
$8.2M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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