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Price Reduction - Seller Financing - Lease to Own
Address
1175 N Watson Road, Arlington, TX
Price
$ 8,500,000
Property Attributes
  • MLS#20007849
  • TypeCommercial
  • CountyTARRANT
  • CityArlington
  • NeighborhoodBarnes - Larkin Survey Abstract 113 Tract 8A 8B1 8
  • Zip76011
  • StyleHotel/Motel
  • Year Built1964
  • Taxes$ 28296
  • Price$ 8,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.198 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Located in the Arlington Entertainment District, this 72 room hotel features an upstairs and downstairs bar and lounge area, swimming pool, laundry facilities, full kitchen, and underwent extensive renovations in 2019 and 2020. The two bar and lounge areas have great income potential and can be rented for concerts, karaoke, meetings, receptions, etc. This is a great opportunity to own a profitable hotel or to redevelop the 2.19 acres that the property sits on. Hotel is centrally located to restaurants, Cowboy Stadium, Globe Life Field, and is in the heart of Arlington. Owner finance option available. Additional acreage may be available next to hotel if interested.

Price History
3/11/2022 Listed $10,500,000
5/4/2022 16% - $8,900,000
7/21/2022 5% - $8,500,000

Interior Features

Flooring Ceramic Tile, Laminate

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 76011

Price
AVG $3.6M
$8.5M
Taxes
AVG $16,081
$28,296
Visits
AVG 178
96
Year Built
AVG 1973
1964
Walkscore
AVG 55
41
Data Provided by Walkscore ® not using MLS data

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