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2540 Meacham BlvdFort Worth, TX 76106
Radisson - Fort Worth, TX
Asset ClassHotel & Hospitality
Deal Size$8.9 M
DISTRESSED
overview of deal

Overview

Hotel Brokers of America is pleased to offer, on an exclusive basis, the opportunity to acquire this 247-room Radisson, prominently located in Fort Worth, TX. This hotel is conveniently located just off I-35W near several of the area’s major business parks, offering an ideal location for both corporate and leisure travelers. The hotel sits less than eight miles from the Fort Worth Business Center and provides easy access to downtown attractions such as the Fort Worth Cultural District. Tanger Outlets are located less than 30 minutes away for additional shopping options. The property is also within approximately 25 minutes of both Fort Worth Meacham International Airport (FTW) and Dallas/Fort Worth International Airport (DFW).

Investment Highlights

# Keys
247
# Stories
6
Cap Rate
8.16%
Occupancy
39.78%
Deal Size
$8.9 M
Net Operating Income
$1.36 Million
Square Feet
148,104
Year Built
1985

ADR: $88.67

Revenue: $4,344,032

 

The hotel features more than 12,000 square feet of flexible event space, including an 8,200-square-foot ballroom suitable for meetings, conferences, and special events. Guests can enjoy convenient on-site dining at Main Street Café, while a 24-hour business center provides printing, copying, and fax services to support business needs. Additional amenities include a fitness center for workouts and an indoor pool for relaxation after a busy day.

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2540 Meacham BlvdFort Worth, TX 76106
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Sales Team

Nitigna NaikLicensed Broker

License #: TX BRE #735690

deals@hbofamerica.com
Corina PalekarLicensed Broker

License #: TX BRE #838258

661-910-8003Corina@hbofamerica.com
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