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640 Old Mexia Rd
Fairfield, TX 75840
Holiday Inn Express & Suites Fairfield North · Hospitality Property For Sale · 14,822 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Year Built/Renovated | 2007/2018 | |
| Building Class | B | Parking Ratio | 4.86/1,000 SF |
| Lot Size | 2.52 AC | Corridor | Interior |
| Building Size | 14,822 SF |
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | B |
| Lot Size | 2.52 AC |
| Building Size | 14,822 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2007/2018 |
| Parking Ratio | 4.86/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
ABOUT 640 OLD MEXIA RD , FAIRFIELD, TX 75840
The Holiday Inn Express & Suites Fairfield (68 Guest Rooms) was built in 2007 and is currently undergoing a full renovation (Formula Blue) with expected completion prior to May 2019. With over $1.2M spent on capital expenditures, new ownership can essentially take over a turnkey operation allowing for a higher NOI. The property sits on approximately 2.52 AC and is located in the NEQ of Interstate 45 & US Hwy 84 with convenient ingress & egress. Fairfield, TX is a city in Freestone County, Texas. Interstate 45 passes through the west side of the city, leading north 88 miles to Dallas and south 152 miles to Houston. As a result, this property is ideal for commuters and business travelers alike.
PROPERTY TAXES
| Parcel Number | 51781 | Improvements Assessment | $4,445,911 |
| Land Assessment | $530,685 | Total Assessment | $4,976,596 |
PROPERTY TAXES
ZONING
| Zoning Code | AA2 |
| AA2 |
