Midland/Odessa Extended Stay Portfolio Hospitality FOR SALE


Midland, TX
$5,750,000 USD
214-893-2465
, Midland, TX for Sale
$5,750,000 USD
Hospitality - FOR SALE
1/25
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Midland/Odessa Extended Stay Portfolio
Midland, TX


HIGHLIGHTS

  • Possible owner financing
  • Ideally suited for workforce or temporary housing
  • All underperforming their comp set & could benefits from operational management/strong revenue
  • Kitchenettes in all properties

OVERVIEW

The Portfolio includes three flagged hotels located in the Midland/Odessa Texas market. With significant potential upside and possible owner financing for a qualified owner, this portfolio represents a unique opportunity to enter the financial and trade center for the vast Permian Basin, with growing aerospace and distribution industries. Hotels included in the portfolio: ABVI Midland Midland Extended Stay (currently closed) OYO Midland All hotels have kitchenettes and would be ideally suited for workforce or temporary housing. All three hotels are under performing their competitive set and could benefit from strong revenue and operational management. Please do not visit the properties without an appointment. Contact Bert Stevens for more information.

ASK ABOUT THIS PROPERTY

Bert StevensHotelBrokerOneMore Info
214-893-2465

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Bert StevensHotelBrokerOneMore Info
214-893-2465

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.