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Fort Worth, The Studio 6 in White Settlement/ is an extended | 7888 I-30 West Fort Worth TX | 5411

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Fort Worth, The Studio 6 in White Settlement/ is an extended

BR/BA:
1 BR
Location:
7888 I-30 West, Fort Worth, TX
Description:

The Studio six in White Settlement/Fort Worth is an extended stay hotel. It has 106 rooms with exterior corridors. The property also has a one beds Managers Apartment on site in addition to 106 Rooms. The hotel consists of three floors with each floor averaging about 13,932 sq. feet and and overall square footage of 41,796. For the new owner there is only a minimal PIP to be fulfilled. The hotel offers amenities such as: free parking, free wifi and cable, pets are allowed, 24hr front desk, and outdoor pool. Property offers a current T12 cap rate of 13.82% and a current cash on cash return of 39% annually. The initial investment payback period is 2.5yrs. Property is currently operated owner absentee and has a great potential to increase revenue with owner operator/investor who can give more attention to operations.
Property Type:
Apartments for Rent
Sq feet:
13,932 sq. ft.
Pets Allowed:
Cats, Dogs
Amenities:
Cable or Satellite, Pool
Posted:
July 8 on Rofo (via Rofo)
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More About this Listing: Fort Worth, The Studio 6 in White Settlement/ is an extended
Fort Worth, The Studio 6 in White Settlement/ is an extended is a One Bedroom Apartments for Rent at 7888 I-30 West in Fort Worth TX. Find other listings like Fort Worth, The Studio 6 in White Settlement/ is an extended and listings near 7888 I-30 West by searching Oodle Classifieds for One Bedroom Apartments for Rent in Fort Worth TX.