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Asking Price: $4,500,000

60-Key Extended-Stay Hotel & Apartment Property | Permian Basin | Stabilized NOI $588K

Not Disclosed, Not Disclosed

We are pleased to present the opportunity to acquire a strategically located extended-stay hotel and apartment property serving the heart of the Permian Basin.The property consists of approximately 60 total hotel rooms and apartment-style accommodations designed to serve oilfield personnel, energy contractors, business travelers, construction crews, relocation clients, and long-term workforce housing tenants. The property's flexible operating model provides diversified lodging revenue streams while benefiting from the economic activity generated by one of the most productive energy regions in North America.The asset has demonstrated strong historical operating performance while providing investors with opportunities for continued revenue optimization, occupancy growth, and operational improvements.HISTORICAL OPERATING PERFORMANCEHistorical PerformanceTotal Units: 60Occupancy: 71.4­R: $103.12RevPAR: $73.63Total Revenue: $2,252,000NOI: $965,000Stabilized PerformanceTotal Units: 60Occupancy: 71.0­R: $80.33RevPAR: $57.03Total Revenue: $1,914,000NOI: $588,000INVESTMENT HIGHLIGHTSStrong Cash FlowHistorical operations generated approximately $965,000 in annual NOI, demonstrating the property's ability to produce significant operating income.Attractive Stabilized ReturnsProjected stabilized NOI of approximately $588,000 provides investors with a strong foundation for evaluating long-term returns.Strategic Permian Basin LocationLocated within one of North America's most important energy-producing regions, benefiting from ongoing demand generated by oil and gas, infrastructure, industrial, transportation, and related workforce activity.Diversified Lodging PlatformThe property's combination of traditional hotel accommodations and apartment-style units creates flexibility to serve both short-term and extended-stay guests.Workforce Housing DemandThe asset is positioned to benefit from continued demand for workforce accommodations from energy, construction, industrial, and infrastructure sectors.Operational UpsideOpportunities may exist to enhance occupancy, optimize room mix, improve operating efficiencies, and expand direct marketing efforts.Seize this chance to own a turnkey extended-stay hotel with the potential for substantial revenue growth. To access confidential information about this opportunity, please complete the contact form on this page and you'll be sent a non-disclosure agreement (NDA) for electronic signature within a few minutes.

Cash Flow $588,000
Revenue $1,914,000

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