1480 US Highway 287 N | Mansfield, TX 76063
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1480 US Highway 287 N
Mansfield, TX 76063
Fairfield Inn & Suites Dallas Mansfield · Hospitality Property For Sale · 50,650 SF
Investment Highlights
- Fee simple interest in the institutionally owned and third party managed, 82-room Fairfield Inn & Suites offered at a discount to replacement cost.
- Recently renovated in 2018-2019 and will be delivered unencumbered of management and debt, can retain Fairfield flag upon Marriott approval.
- Trailing three month RevPAR increased 48% year over year and March 2022 T12 RevPAR has surpassed 2019 RevPAR.
- Situated approximately 15 miles south of Arlington between Dallas and Fort Worth and near DFW Airport, American Airlines, and AT&T Stadium.
- Migration trends heavily favor Texas as residents are attracted to the quality of life and as business leaders seek the pro-business environment.
- Dallas-Fort Worth MSA with a population of 7.7M residents is home to the most Fortune 500 company headquarters in the US.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2009 |
| Building Class | B | Parking Ratio | 1.64/1,000 SF |
| Lot Size | 3.06 AC | Corridor | Interior |
| Building Size | 50,650 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.06 AC |
| Building Size | 50,650 SF |
| No. Stories | 3 |
| Year Built | 2009 |
| Parking Ratio | 1.64/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Digital key
PROPERTY TAXES
| Parcel Number | 41332725 | Improvements Assessment | $3,828,430 |
| Land Assessment | $1,199,628 | Total Assessment | $5,028,058 |
PROPERTY TAXES
Parcel Number
41332725
Land Assessment
$1,199,628
Improvements Assessment
$3,828,430
Total Assessment
$5,028,058
zoning
| Zoning Code | C-2 |
| C-2 |
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