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1314 W Interstate 20
Monahans, TX 79756
La Quinta Inn & Suites by Wyndham Monahans · Hospitality Property For Sale · 47,447 SF

INVESTMENT HIGHLIGHTS

  • 2016 Built - 3 story Interior corridor hotel
  • 9% Cap rate on actuals including PIP - USDA Loan eligible
  • Ideally Located off the Interstate 20 - Less then one hour from Midland & Odessa Texas
  • 5.2 Miles from Sandhills State Park which saw 44,500 visitors in 2023

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.54 AC
Building Size 47,447 SF
No. Stories 3
Year Built 2015
Parking Ratio 1.73/1,000 SF
Corridor Interior
Zoning None

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0706715
Land Assessment
$10,620
Improvements Assessment
$2,089,380
Total Assessment
$2,100,000
  • Listing ID: 31291456

  • Date on Market: 3/21/2024

  • Last Updated:

  • Address: 1314 W Interstate 20, Monahans, TX 79756

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