FORT WORTH Texas, Jan. 17, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Days Inn by Wyndham South Fort Worth, a 61-room hotel property in Fort Worth, Texas.
Skyler Cooper, senior vice president of investments in the Dallas/Houston offices, exclusively marketed the property on behalf of the seller. Working together, Chris Gomes, executive managing director of investments in the Dallas/Houston offices, successfully procured the buyer, a Texas-based private investor. Allan Miller, senior managing director of investments in the Austin/San Antonio offices and a member of the Miller-Gomes Hotel Team at Marcus & Millichap, was listed as a supporting broker on the transaction. Seller financing was arranged, providing a unique and attractive opportunity for the buyer.
The Days Inn by Wyndham South Fort Worth is a 61-room, two-story, exterior corridor Hotel located at 4213 South Freeway, Fort Worth, Texas. The property boasts high visibility and easy access from I35W, which experiences over 165,000 vehicles per day at its peak in downtown Fort Worth. Recently renovated in June 2024, the updates include over $500,000 in updates to the Dawn Package for guest rooms and the lobby with additional upgrades to air conditioners, plumbing, hot water heaters, pool tile, coping and painting, days inn artwork, signage and lighting as well as updated Wi-Fi for the property. Located less than 30 miles from Dallas Fort Worth International Airport, the property features a range of common area amenities, including a seasonal outdoor pool, on-site guest laundry facility, outdoor patio, and vending machines.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services. As of December 31, 2023, the Company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The Company also offers market research, consulting and advisory services to our clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.
