1537 N US Highway 285 | Fort Stockton, TX 79735
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- LoopNet Team
1537 N US Highway 285
Fort Stockton, TX 79735
Baymont by Wyndham Fort Stockton · Hospitality Property For Sale · 68,461 SF
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 | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1983/2024 |
| Building Class | C | Parking Ratio | 2.61/1,000 SF |
| Lot Size | 4.67 AC | Corridor | Exterior |
| Building Size | 68,461 SF |
| 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
PROPERTY TAXES
| Parcel Number | 01910-02100-01000-000000 | Improvements Assessment | $2,431,700 |
| Land Assessment | $193,250 | Total Assessment | $2,624,950 |
PROPERTY TAXES
Parcel Number
01910-02100-01000-000000
Land Assessment
$193,250
Improvements Assessment
$2,431,700
Total Assessment
$2,624,950
ZONING
| Zoning Code | C |
| C |
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