1517 S Stuart Ave | Monahans, TX 79756
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- LoopNet Team
1517 S Stuart Ave
Monahans, TX 79756
Fairfield Inn & Suites Monahans · Hospitality Property For Sale
·
50,000 SF
INVESTMENT HIGHLIGHTS
- Fairfield Inn & Suites is offered at way below replacement cost at only $121 K per key.
- Hotel is getting a excellent penetration index with its competitive set of Hotels.
- Hotel room revenue for trailing 12 months ending June 2023 is $2 million.
- Fairfield Inn & Suites is built in 2021 and opened it's door for business in July of 2021.
- Hotel's Revenue and NOI are trending up and trajectory shows that Hotel will achieve it full potential in next 6 months.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2021 |
| Building Class | B | Parking Ratio | 3.79/1,000 SF |
| Lot Size | 2.50 AC | Corridor | Interior |
| Building Size | 50,000 SF | ||
| Zoning | F1 - Commercial-Hotel | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.50 AC |
| Building Size | 50,000 SF |
| No. Stories | 4 |
| Year Built | 2021 |
| Parking Ratio | 3.79/1,000 SF |
| Corridor | Interior |
| Zoning | F1 - Commercial-Hotel |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Number | 10000487 | Improvements Assessment | $3,567,170 |
| Land Assessment | $20,830 | Total Assessment | $3,588,000 |
PROPERTY TAXES
Parcel Number
10000487
Land Assessment
$20,830
Improvements Assessment
$3,567,170
Total Assessment
$3,588,000
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