Clarion Inn & Suites Weatherford South
1911 Wall Street, Weatherford, TX, 76086
$5,955,000
Price
4.74
2023 RRM
$521,100
2023 NOI
$119,100
Price Per Key
50
Total Rooms
8.58%
2023 Cap Rate
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$5,955,000
Price
4.74
2023 RRM
$521,100
2023 NOI
$119,100
Price Per Key
50
Total Rooms
8.58%
2023 Cap Rate
Investment Highlights
PIP Completed in 2021
Restaurant & Bar on Site; Average Revenue of $100k Per Year
2022 GRM 4.09 & 2023 GRM 4.41
2023 RevPAR Performance above STR Comp-Set After Completing PIP
Three-Story Interior Corridor Product; 50 Units; Indoor Pool
Located in High Traffic Area within South Weatherford
In Proximity to Renowned Healthcare Provider in North Texas
Approximately an Hour Drive from Dallas Fort Worth International Airport
Location Summary
The Intersection of Highway 171 and Interstate 20 in South Weatherford is one of the most heavily trafficked areas in the city, and the hotel sits less than 0.5 miles from the exits. The property has food and entertainment for guests within walking distance. The construction and location in regard to the flow of traffic provide major curb appeal. Most travelers either go to DFW from the west, or leaving metro headed west travel along the I-20 and have easy access to the hotel from the route.
FOR MORE DETAILS CONTACT
Sudhir "Sid" Tewari
Principal/Managing Broker
(714) 340-0578
sid@tshoteladvisors.com
CA: 01773230
Scott Reid
ParaSell, Inc. - Broker
(949) 942-6578
broker@parasellinc.com
TX 739436
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