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Fort Worth, The Studio 6 in White Settlement/ is an extended | 7888 I-30 Fort Worth TX | 563196081

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

BR/BA:
1 BR
Location:
7888 I-30, 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-ft 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, twenty-four-hour 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:
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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 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 by searching Oodle Classifieds for One Bedroom Apartments for Rent in Fort Worth TX.