200 W Longview Ave | Midland, TX 79701
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200 W Longview Ave
Midland, TX 79701
Microtel Inn & Suites by Wyndham Midland · Hospitality Property For Sale
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31,676 SF
INVESTMENT HIGHLIGHTS
- Three-Story, 82-Room, Wyndham Hotels & Resorts-Branded Hotel Easily Accessible and Highly Visible from Interstate 20
- Located within the Permian Basin about 21 Miles East of Odessa and 120 Miles Southwest of Lubbock
- TTM March 2023 Room Revenues Exceeded $1.41 Million while Maintaining an NOI Over $188 Thousand
- Subject Property has been Third-Party Managed
- Situated 11 Miles from Midland International Air & Space Port and Near Midland-Odessa’s Largest Employers and Highest Value Businesses
- Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2014 |
| Building Class | B | Parking Ratio | 2.15/1,000 SF |
| Lot Size | 1.85 AC | Corridor | Interior |
| Building Size | 31,676 SF | ||
| Zoning | N/A | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.85 AC |
| Building Size | 31,676 SF |
| No. Stories | 3 |
| Year Built | 2014 |
| Parking Ratio | 2.15/1,000 SF |
| Corridor | Interior |
| Zoning | N/A |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 200 W LONGVIEW AVE , MIDLAND, TX 79701
The Microtel Inn & Suites by Wyndham Midland is an 82-room, three-story Hotel stationed at 200 W Longview Avenue in Midland, Texas, just off Interstate 20. Various common area amenities at the Property include a business center, fitness center, breakfast area, and a guest laundry facility.
PROPERTY TAXES
| Parcel Number | R000204-190 | Improvements Assessment | $6,015,447 |
| Land Assessment | $100,970 | Total Assessment | $6,116,417 |
PROPERTY TAXES
Parcel Number
R000204-190
Land Assessment
$100,970
Improvements Assessment
$6,015,447
Total Assessment
$6,116,417
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