Motel 6 Fort Stockton | 3001 W Dickinson Blvd
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Motel 6 Fort Stockton 3001 W Dickinson Blvd
106 Room Hotel Fort Stockton, TX 79735 $2,250,000 ($21,226/Room)
Investment Highlights
- 106 Rooms, 2 Stories
- Privately Owned Hotel with Absentee Ownership
- Convenient Access to Interstate 10
- Past 5 Years Revenue Ranges from $500K+ to $1.5M
- STR Data Shows Significant Upside Potential to Capture a Greater Share of the Market (RevPAR Index 53%)
- Priced below replacement cost at less than $22K/key
Executive Summary
The Motel 6 in Fort Stockton, TX was corporate owned until June 2022. Since then, it has been privately owned with absentee ownership. December 2023 STR report shows significant upside opportunity for the hotel to capture a greater share of the market (RevPAR Index of 53% over the trailing 12 months). Over the past five years revenue has ranged from $500K+ to $1.5M+ highlighting the strong revenue potential of the business.
The property has convenient access to Interstate 10 and is 1.5 hours from Midland International Airport.
Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.
The Motel 6 was corporate owned until June 2022. Since then, it has been privately owned with absentee ownership. July 2023 STR data shows significant upside opportunity for the hotel to capture a greater share of the market (RevPAR Index of 54% over the trailing 12 months). STR data also shows the local competitive market is trending up nearly 20% over the past 12 months.
The property has convenient access to Interstate 10 and is 1.5 hours from Midland International Airport.
Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.
The property has convenient access to Interstate 10 and is 1.5 hours from Midland International Airport.
Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.
The Motel 6 was corporate owned until June 2022. Since then, it has been privately owned with absentee ownership. July 2023 STR data shows significant upside opportunity for the hotel to capture a greater share of the market (RevPAR Index of 54% over the trailing 12 months). STR data also shows the local competitive market is trending up nearly 20% over the past 12 months.
The property has convenient access to Interstate 10 and is 1.5 hours from Midland International Airport.
Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.
Property Facts
| Price | $2,250,000 | Building Size | 38,090 SF |
| Price Per Room | $21,226 | No. Rooms | 106 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1970 |
| Property Subtype | Hotel | Parking Ratio | 3.41/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.07 AC |
| Price | $2,250,000 |
| Price Per Room | $21,226 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.07 AC |
| Building Size | 38,090 SF |
| No. Rooms | 106 |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 3.41/1,000 SF |
| Corridor | Exterior |
Amenities
- Pool
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 106 | $51.00 | - |
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PROPERTY TAXES
| Parcel Number | 01200-01000-01000-000000 | Improvements Assessment | $1,791,060 |
| Land Assessment | $81,000 | Total Assessment | $1,872,060 |
PROPERTY TAXES
Parcel Number
01200-01000-01000-000000
Land Assessment
$81,000
Improvements Assessment
$1,791,060
Total Assessment
$1,872,060
zoning
| Zoning Code | C (Commercial District) |
| C (Commercial District) |
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Motel 6 Fort Stockton | 3001 W Dickinson Blvd
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