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 PERFORMANCE

Historical Performance
Total Units: 60
Occupancy: 71.4%
ADR: $103.12
RevPAR: $73.63
Total Revenue: $2,252,000
NOI: $965,000

Stabilized Performance
Total Units: 60
Occupancy: 71.0%
ADR: $80.33
RevPAR: $57.03
Total Revenue: $1,914,000
NOI: $588,000
INVESTMENT HIGHLIGHTS
Strong Cash Flow

Historical operations generated approximately $965,000 in annual NOI, demonstrating the property's ability to produce significant operating income.

Attractive Stabilized Returns

Projected stabilized NOI of approximately $588,000 provides investors with a strong foundation for evaluating long-term returns.

Strategic Permian Basin Location

Located 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 Platform

The property's combination of traditional hotel accommodations and apartment-style units creates flexibility to serve both short-term and extended-stay guests.

Workforce Housing Demand

The asset is positioned to benefit from continued demand for workforce accommodations from energy, construction, industrial, and infrastructure sectors.

Operational Upside

Opportunities 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.