4101 Parks Legado Rd - Hospitality FOR SALE


Odessa, TX 79765
$6,500,000 USD
281-684-5653
4101 Parks Legado Rd, Odessa, TX for Sale
$6,500,000 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

4101 Parks Legado Rd
Odessa, TX 79765


HIGHLIGHTS

  • Rooms revenue equated to $2,058,839 in 2025, reflecting a 13.5% increase compared to what was earned during 2024.
  • Per the December 2025 STR report, the hotel ranked first out of six competitors in terms of RevPAR, registering a 136.1% RevPAR index.
  • A new investor will be able to capitalize on the strong demand trends of the market.
  • In 2025, the hotel generated $716,219 NOI, demonstrating strong, reliable cash flow and supporting an attractive 11.0% capitalization rate.
  • Based on the $6.5M pricing guidance the hotel underwrites to an attractive 3.16x RRM in consideration of the hotel’s 2025 rooms revenue of $2,058,839.
  • Excellent location in the Permian Basin region, which has strong oil-and-gas presence from companies like Chevron, ExxonMobil, ConocoPhillips.

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=158952 HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 72-key Baymont by Wyndham Odessa, a limited-service hotel asset in Odessa, Texas. This strong-performing hotel asset benefits from its proximity to University of Texas Permian Basin (UTPB), Midland International Air & Space Port, and Downtown Odessa.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$191 USD /SF

# OF ROOMS

72

PRICE/ROOM

$90,278 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baymont by Wyndham Odessa

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2014

PARKING SPACES

73

LAND DETAILS

LAND ACRES

2.41 AC

LAND SF

104,980 SF

ZONING

CB-2

APN/PARCEL ID

17347-00208-00000

ASK ABOUT THIS PROPERTY

281-684-5653

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281-684-5653

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