713-577-1760
1401 Catalina Dr, Midland, TX for Sale
Hospitality - FOR SALE
1/2
null | Request Cap Rate

1401 Catalina Dr
Midland, TX 79706


HIGHLIGHTS

  • The Home2 Suites presents an attractive opportunity, driven by solid operational performance and a prime location within a thriving submarket.
  • The Home2 Suites has demonstrated a robust upward revenue trajectory, with 2024 Room Revenue and RevPAR outperforming 2023 by 10%.
  • Located off US-250, the hotel offers convenient access to Midland’s key oil and gas operations, including Chevron Campus, Oxy Permian and others.

OVERVIEW

CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Home2 Suites in Midland, Texas. The property is ideally situated off US-250, just minutes away from Chevron Campus, Oxy Permian, Schlumberger, EOG Resources, Scharbauer Sports Complex, and numerous restaurants and recreational areas. Thanks to this prime location, the 93-room hotel receives business from a diverse population of both corporate and leisure travelers in the Odessa-Midland area.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

93

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Home2 Suites by Hilton Midland

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2013

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.03 AC

LAND SF

88,427 SF

ZONING

None

APN/PARCEL ID

R000206-603

ASK ABOUT THIS PROPERTY

Michael YuCBRE, Inc.More Info
713-577-1760

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Michael YuCBRE, Inc.More Info
713-577-1760

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