LEASEDHotel
Marcus & Millichap Represents Sale Of White Settlement Hotel On Scott Street
7801 Scott Street, White Settlement, TX, USA
Building Size
37,432 SF
Asset Type
Hotel
Closing
Oct 6, 2020
AI
A hotel located at 7801 Scott Street in White Settlement has been sold. The sale took place on October 7, 2020. The property was marketed by Marcus & Millichap.
Summary of transation details
- Property Type: Hotel
- Transaction Amount: Not specified
- Address: 7801 Scott Street
- Market: White Settlement
The deal was facilitated by Chris Gomes, Joseph Jaques, and Allan Miller from Marcus & Millichap.
Players
Fort Worth Hotel Market Snapshot
Boundary boundary · Hotel · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93