1640 Highway 287 N | Mansfield, TX 76063
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1640 Highway 287 N
Mansfield, TX 76063
Hampton by Hilton Inn & Suites Mansfield · Hospitality Property For Sale · 54,681 SF
Investment Highlights
- Fee simple interest in the institutionally owned and third party managed, 88-room Hampton Inn & Suites offered at a discount to replacement cost.
- Renovated in 2015, received CapEx in 2016, and will be delivered unencumbered of management and debt with the ability to retain the Hampton approval.
- Trailing three month RevPAR increased 24% year over year and hotel is on track to surpass 2019 RevPAR in 2022.
- Approximately 15 miles south of Arlington between Dallas and Fort Worth and proximate to DFW Airport, American Airlines, and AT&T Stadium.
- Migration trends heavily favor Texas as residents are attracted to the quality of life and 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 | 2002 |
| Building Class | B | Parking Ratio | 1.83/1,000 SF |
| Lot Size | 2.34 AC | Corridor | Interior |
| Building Size | 54,681 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.34 AC |
| Building Size | 54,681 SF |
| No. Stories | 3 |
| Year Built | 2002 |
| Parking Ratio | 1.83/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- On-Site Retail
- Meeting Event Space
PROPERTY TAXES
| Parcel Number | 41244788 | Improvements Assessment | $5,149,093 |
| Land Assessment | $1,101,794 | Total Assessment | $6,250,887 |
PROPERTY TAXES
Parcel Number
41244788
Land Assessment
$1,101,794
Improvements Assessment
$5,149,093
Total Assessment
$6,250,887
zoning
| Zoning Code | C-2 |
| C-2 |
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