Marcus & Millichap is pleased to present the opportunity to acquire the Four Points by Sheraton Midland, a 107-room, select-service hotel located at 5518 Starboard Drive in Midland, Texas. Built in December 2015 and flag-managed by Marriott, this property offers an institutional-quality asset in one of the nation’s most dynamic energy markets. Prime Location & Visibility: • Frontage on TX-158: Over 22,000 average annual daily vehicles (AADT), ensuring strong drive-by exposure. • Highway Access: Just three miles north of Interstate 20 via TX-158, providing seamless connectivity to the broader regional network. • Proximity to Midland International Air & Space Port: Just six miles via TX-158, facilitating seamless access for corporate travelers. Hotel Features & Amenities: • Food & Beverage: On-site restaurant and bar, and market pantry. • Recreation & Wellness: Outdoor pool, fitness center, guest laundry room, and valet dry-cleaning service. • Meeting & Business: 1,500 square feet of divisible event space, fully equipped business center, and robust Wi-Fi infrastructure. • Construction & Building Systems: Reinforced concrete slab foundation, Steel/ Concrete Construction, masonry (stucco/stone) exterior, PTAC guest HVAC, split-system public HVAC, wet-pipe sprinklers, and hard-wired smoke detectors. Strategic Market Positioning: Midland, as the service hub for the Permian Basin (86,000 mi² spanning West Texas and Southeast New Mexico), contributes nearly 40 percent of U.S. oil output (~5.6 million barrels/day) and supports over 70 billion recoverable barrels. Key regional operators—including ExxonMobil, Chevron, ConocoPhillips, Occidental, Coterra, and Diamondback—drive a steady influx of executives, engineers, and project teams, underpinning demand for premium lodging. Economic & Demographic Drivers: • Low Unemployment and Population Growth: Midland’s unemployment hovers below the national average, with energy-sector hiring fueling a 2.1 percent annual population growth. • Ancillary Industries: Healthcare (Midland Memorial Hospital), education (University of Texas Permian Basin, Midland College), and emerging aerospace initiatives at the Midland International Air & Space Port further diversify demand. • Community & Lifestyle Enhancements: Major investments in sports (Reyes-Mashburn-Nelms Park, Beal Park Soccer Complex), cultural events (Chalk the Block), and downtown revitalization bolster leisure visitation and group bookings. Financial Highlights: For the trailing-twelve months ended May 2025 (TTM May 2025), the Four Points by Sheraton Midland achieved: • Total Revenue: $3,771,654 • Net Operating Income (EBITDA Less Replacement Reserves): $1,236,339 • RevPAR: $88.34 Over the past three years, the property has demonstrated exceptional growth: • Total Revenue CAGR (2022–TTM 2025): 27.4 percent (from $1.82 M to $3.77 M) • RevPAR CAGR (2022–TTM 2025): 26.0 percent (from $44.12 to $88.34) This combination of premier location, best-in-class branding, select-service amenities and robust financial performance positions the Four Points by Sheraton Midland as a highly attractive, turnkey investment in a market defined by enduring energy-sector demand.