This Hospitality Property is no longer advertised on LoopNet.com.

1537 N US Highway 285
Fort Stockton, TX 79735

Baymont by Wyndham Fort Stockton · Hospitality Property For Sale · 68,461 SF

Hotels Texas Fort Stockton 1537 N US Highway 285, Fort Stockton, TX 79735

INVESTMENT HIGHLIGHTS

  • Fee simple interest in the institutionally owned and brand managed 97-key Baymont by Wyndham Fort Stockton TX.
  • Significant operational upside for prospective buyers with a focused local / regional strategy and market knowledge.
  • Ability for qualified buyers to retain the Wyndham flag with a new long-term license upon completion of the Baymont PIP.
  • Ideally situated at the Highway 67 and Highway 285 intersection with approximately 20,000 vehicles passing the location daily.
  • As of March 2022, active rigs in the Permian Basin totaled 316 which is 80% more than the trailing twelve months leading to higher hotel demand.
  • WTI price per barrel is hovering around $110, which is approximately an 80% increase since March 2021 and is an overarching positive indicator.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 4.67 AC
Building Size 68,461 SF
No. Stories 2
Year Built/Renovated 1983/2024
Parking Ratio 2.61/1,000 SF
Corridor Exterior

AMENITIES

  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

LINKS

PROPERTY TAXES

Parcel Number 01910-02100-01000-000000 Improvements Assessment $2,431,700
Land Assessment $193,250 Total Assessment $2,624,950

ZONING

Zoning Code C
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  • Listing ID: 25347078

  • Date on Market: 3/28/2022

  • Last Updated:

  • Address: 1537 N US Highway 285, Fort Stockton, TX 79735

More public record information on 1537 N US Highway 285, Fort Stockton, TX 79735

The Hospitality Property at 1537 N US Highway 285, Fort Stockton, TX 79735 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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