Exterior-Corridor Rodeway Inn
For Sale
Contact for pricing
Pending
1000 S Midkiff Rd, Midland, TX 79701
84-room exterior-corridor hotel off Interstate 20 with breakfast area and 1-bedroom owner’s quarters.
Property SizeContact for details
Days on Market426
Property Features for 1000 S Midkiff Rd
General Information
Standard status
Pending
Property subtype
Hospitality
Site & Location
Traffic Count
21,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Amenities
breakfast area
vending machines
ice maker
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Derek Schuster · License #685656
(972) 755-5200
Source:
Crexi
Added: Jul 10, 2025
Changed: Aug 8
Last Checked: Jul 24 at 4:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
Rodeway Inn Midland is an 84-room, exterior-corridor hospitality asset presented for live bid auction October 27–29, 2025. The property offers an on-site breakfast area, vending machines, an ice maker, and expansive guest parking. It also includes 1,000 square feet of on-site owner’s quarters with one bedroom and a living room. The hotel temporarily closed from April to December 2023 and was rebranded as a Rodeway Inn under the Wyndham flag in October 2024.
The hotel is positioned directly off Interstate 20 with average annual daily traffic reported at over 21,000 vehicles. Midland Memorial Hospital is approximately 1.8 miles away, Midland College is about 4.5 miles away, and The University of Texas Permian Basin is roughly 14.9 miles away.
This asset is located in Midland, Texas, within reach of major energy and business travel demand across the Permian Basin, and it is offered for sale via auction with Marcus & Millichap’s National Hospitality Division in conjunction with Real Insight Marketplace.
The hotel is positioned directly off Interstate 20 with average annual daily traffic reported at over 21,000 vehicles. Midland Memorial Hospital is approximately 1.8 miles away, Midland College is about 4.5 miles away, and The University of Texas Permian Basin is roughly 14.9 miles away.
This asset is located in Midland, Texas, within reach of major energy and business travel demand across the Permian Basin, and it is offered for sale via auction with Marcus & Millichap’s National Hospitality Division in conjunction with Real Insight Marketplace.
Key Highlights
- 84‑room exterior‑corridor Rodeway Inn at 1000 S. Midkiff Road in Midland, Texas
- Located directly off Interstate 20 with 21,000+ vehicles average annual daily traffic
- Amenities include breakfast area, vending machines, ice maker, and expansive guest parking
Property Analytics
Property Profile
Current Use
Lease Details
21,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
Explore this area
Business Placement
Demographics for 79701, TX
29,748
Population
11,393
Households
2.6
Avg Household Size
33
Median Age
19%
College-Educated
73%
High-School Grad
12.1 sq mi
ZIP Area
2,459
Density / Sq Mi
$57,679
Median Household Income
$36,213
Median Earnings
$1,336
Median Rent
$204,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 84-room exterior-corridor hotel off Interstate 20 with breakfast area and 1-bedroom owner’s quarters.
Where is this hotel located?
The property is located at 1000 S Midkiff Rd Midland, TX.
What are key features of this property?
This property features: 84‑room exterior‑corridor Rodeway Inn at 1000 S. Midkiff Road in Midland, Texas; Located directly off Interstate 20 with 21,000+ vehicles average annual daily traffic; Amenities include breakfast area, vending machines, ice maker, and expansive guest parking
