Hotels /TX /Midland County /Midland /2308 E Interstate 20
Hotels /TX /Midland County /Midland /2308 E Interstate 20

2308 E Interstate 20 - Hospitality FOR SALE


Midland, TX 79706 | 
254-228-9793
2308 E Interstate 20, Midland, TX for Sale
Hospitality - FOR SALE
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2308 E Interstate 20
Midland, TX 79706

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HIGHLIGHTS

  • TTM April 2025 Room Revenues Exceeded $2.8 Million while Maintaining an NOI over $1.1 Million.
  • 89-room, four-story Hotel strategically located at I-20, with easy access to Garden City Highway

OVERVIEW

This property presents a compelling investment opportunity, boasting over $1.1 Million in Net Operating Income (NOI) for T-12 months with significant potential for further growth. The hotel is absentee owned, allowing significant upside potential

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

89

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Avid Midland

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2020

PARKING SPACES

89

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

MF1

APN/PARCEL ID

0036900.001.0040

ASK ABOUT THIS PROPERTY

Vivek PatelVPRPMore Info
254-228-9793

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Vivek PatelVPRPMore Info
254-228-9793

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