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Updated about 2 years ago on .

User Stats

157
Posts
17
Votes
Dimitra Manou
  • Investor
17
Votes |
157
Posts

232 units/ Holiday Inn Fort Worth Convention Center, TX/ Off-market

Dimitra Manou
  • Investor
Posted

Current/Trailing 12 Mos. Occupancy 18.1% 

Projected Year 1 Occupancy 68.0% 

Stabilized Occupancy 75.0% 

Estimated Lease-up Period 12 Months 

Estimated Stabilization July-2023

Current/Trailing 12 Mos.

Average Daily Rate $95.08 

Projected Year 1 Average Daily Rate $144.20

Stabilized Average Daily Rate $158.62

Year built: 1984

Cap (proforma): 8,29%

NOI: $80,466.44

Asking: $49,900,000

Offering