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- LoopNet Team
92 Raul Flores Blvd
Pecos, TX 79772
Fairfield Inn & Suites by Marriott Pecos · Hospitality Property For Sale
·
61,138 SF
INVESTMENT HIGHLIGHTS
- 87-Room, Three-Story, Marriott-Branded Hotel Built in 2016
- Excellent Location off Interstate 20 within the Permian Basin
- Room Revenues Trending Upwards
- Expected to Trade Below Replacement Cost
- Superior Brand-Affiliation
- Offered Fee Simple, Unencumbered by a Management Contract or Debt
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2016 |
| Building Class | B | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 2.47 AC | Corridor | Interior |
| Building Size | 61,138 SF | ||
| Zoning | F1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.47 AC |
| Building Size | 61,138 SF |
| No. Stories | 3 |
| Year Built | 2016 |
| Parking Ratio | 1.29/1,000 SF |
| Corridor | Interior |
| Zoning | F1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ABOUT 92 RAUL FLORES BLVD , PECOS, TX 79772
Property Overview: The Fair?eld Inn & Suites Pecos is an 87-room, three-story property that was built in 2016. The Marriott International-branded property features an exercise facility, outdoor pool, lobby, The Corner Mart, and a breakfast area. Each room features a ?at-screen television, desk with ergonomic chair, seating area, mini-refrigerator, and microwave. Location Overview: Pecos, Texas is located in the western part of the state, and about 1.5 hours west of Odessa. The Fair?eld Inn & Suites is located on 92 Raul Florez Boulevard and near the region’s top revenue demand generators. In past years, Forbes 400 has noted the city to be a top fastest small town in the country. Major commercial drivers include ranching, agriculture, and oil and gas production. The U.S. Department of Agriculture reported that over 1,000 acres are dedicating to the harvesting of cantaloupes, a well-known commodity in the region. The Monahans Sandhills State Park is less than one hour from the hotel and a sought-after leisure traveler’s destination. The state park offers recreational activities such as horseback riding, sand dunes, and junior ranger programs. The Pecos Rodeo is hosted at the Buck Jackson Rodeo Arena (2.1 miles) and voted in previous years as one of the ?ve best large outdoor rodeos across the country. There are multiple events hosted throughout the week and the event attracts thousands of spectators each year.
PROPERTY TAXES
| Parcel Number | 31627 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,112,967 |
PROPERTY TAXES
