3100 W Wall St - Hospitality FOR SALE


Midland, TX 79701
$6,750,000 USD
512-842-9211
3100 W Wall St, Midland, TX for Sale
$6,750,000 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

3100 W Wall St
Midland, TX 79701


HIGHLIGHTS

  • The hotel’s total gross revenue averaged $2,223,590 over the past three years, supported by strong demand in the Permian Basin region.
  • Rooms revenue equated to $2,330,000 (rounded) in 2025, reflecting a 27.5% (rounded) increase over what was earned in 2024.
  • Based on the $6,750,000 pricing guidance the deal underwrites to an attractive 2.90x RRM in consideration of the hotel’s 2025 rooms revenue of $2,330.
  • Options exist for potential rebranding. Please inquire with the representative broker for more information.
  • The property boasts favorable location between Midland International Air & Space Port and Downtown Midland, near many major corporate offices.
  • Strong corporate and energy demand drivers are supported by nearby oil & gas (O&G) operators an`d regional headquarters in this Permian Basin region.

OVERVIEW

For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=159081 HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 207-key Wyndham Garden Midland, a full-service hotel asset in Midland, Texas. The property is situated between Downtown Midland and the Midland International Air & Space Port, proximate to other major demand drivers such as the University of Texas Permian Basin (UTPB).

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$276 USD /SF

# OF ROOMS

197

PRICE/ROOM

$34,264 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wyndham Garden Midland

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1983

PARKING SPACES

213

LAND DETAILS

LAND ACRES

3.7 AC

LAND SF

161,172 SF

ZONING

PDOC

APN/PARCEL ID

R000028-013

ASK ABOUT THIS PROPERTY

512-842-9211

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512-842-9211

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