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 a highly attractive investment opportunity, driven by solid operational performance and a prime location.
  • The hotel offers convenient access to Midland’s key oil and gas operations, including Chevron, Oxy Permian, Schlumberger, and EOG Resources.
  • The property has experienced operational headwinds in recent years, including a lack of management continuity due to the absence of a stable GM.

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

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

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

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