Contacts
Bharat Patel-Vakil
NewGen Advisory
(817) 264-7102
Property Details
- Property Type Other
- Property Size 48,746 SF
- Units 95
- Lot Size 2.5 Acre
- Year Built 2021
- Date Updated Feb 24, 2024
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Highlights
- Fairfield Inn & Suites is offered at way below replacement cost at only $121 K per key.
- Fairfield Inn & Suites is built in 2021 and opened it's door for business in July of 2021.
- Hotel is performing exceedingly well with Room Revenue of 2023 is $2.2 MM.
- Hotel is getting excellent penetration index with its competitive set of Hotels.
- Hotel's Revenue and NOI are projected upwards in 2024.
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Monahans, TX
- Zip Code 79756
Points of Interest
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Texaco
7.74 miles
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Shell
7.80 miles
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Silver Spur Motel
1.37 miles
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Holiday Inn Express & Suites Monahans I-20
1.41 miles
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Candlewood Suites Monahans
1.47 miles
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Hawthorn Suites by Wyndham Monahans
1.50 miles
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Best Western Plus Monahans Inn & Suites
1.56 miles
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Comfort Inn & Suites
1.64 miles
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Microtel Inn and Suites by Wyndham Monahans
1.72 miles
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Americas Best Value Inn
1.75 miles
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Texan Inn
1.83 miles
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La Quinta Inn & Suites by Wyndham Monahans
2.47 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Bharat Patel-Vakil
NewGen Advisory
(817) 264-7102