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1517 S Stuart Ave
Monahans, TX 79756
Fairfield Inn & Suites Monahans · Hospitality Property For Sale · 26,368 SF

INVESTMENT HIGHLIGHTS

  • Offered at below replacement cost of $110,500 per key
  • Running 12 months RevPAR penetration index is 123.8% and is up 23.6% from previous year
  • West Texas energy market is showing strong upward trajectory
  • Built and opened in 2021
  • Located in the Permian Basin headquarters for oil production

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.50 AC
Building Size 26,368 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

PROPERTY TAXES

Parcel Number
10000487
Land Assessment
$20,830
Improvements Assessment
$3,567,170
Total Assessment
$3,588,000
  • Listing ID: 30541310

  • Date on Market: 1/5/2024

  • Last Updated:

  • Address: 1517 S Stuart Ave, Monahans, TX 79756

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