3100 E State Highway 158 | Midland, TX 79706
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- LoopNet Team
3100 E State Highway 158
Midland, TX 79706
Baymont by Wyndham Midland Center · Hospitality Property For Sale
·
29,362 SF
INVESTMENT HIGHLIGHTS
- Three-Story, 76-Room, Interior-Corridor, Wyndham-Branded Hotel
- Nacero Inc. Recently Announced an $8 Billion Gas to Gasoline Facility in Penwell, Texas (15 Miles West of Odessa) that is Expected to Open in 2025
- Assumable Loan Option at 5.8 Percent Interest Rate
- In the Midland-Odessa MSA with Oil & Gas Headquarters like Anthem Oil & Gas, Anadarko, Apache, Baker Hughes, Chevron, Conoco Phillips
- YE 2023 Room Revenues Exceeded $1.67 Million
- One Bedroom Manager's Quarters Included with Offering
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2016 |
| Building Class | B | Parking Ratio | 1.98/1,000 SF |
| Lot Size | 1.50 AC | Corridor | Interior |
| Building Size | 29,362 SF | ||
| Zoning | None | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.50 AC |
| Building Size | 29,362 SF |
| No. Stories | 3 |
| Year Built | 2016 |
| Parking Ratio | 1.98/1,000 SF |
| Corridor | Interior |
| Zoning | None |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 0036900.001.0025 | Improvements Assessment | $4,034,058 |
| Land Assessment | $98,010 | Total Assessment | $4,132,068 |
PROPERTY TAXES
Parcel Number
0036900.001.0025
Land Assessment
$98,010
Improvements Assessment
$4,034,058
Total Assessment
$4,132,068
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