2308 E Interstate 20 - Hospitality FOR SALE
Midland, TX 79706 |
2308 E Interstate 20
Midland, TX 79706
HIGHLIGHTS
- Four-Story, 89-Room, Interior-Corridor, Midscale Hotel
- Situated 14 miles away from Midland International Air and Space Port
- Permian Basin Oil Field and Corporate Headquarters for Over 20 Energy Firms Located Less than 10 Miles from the Property
- TTM September 2023 Room Revenues Exceeded $2,300,000 while Maintaining a NOI Over $770,000
- Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Avid Midland
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
42407
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2020
PARKING SPACES
89
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
MF1
APN/PARCEL ID
0036900.001.0040
