1517 S Stuart Ave Monahans, TX 79756

This exceptional 95-room Fairfield Inn & Suites, built in 2021 and opened in July of the same year, presents a unique investment opportunity. Located in Monahans, TX, at 1517 S Stuart Ave, 79756, this property enjoys a strategic position on Interstate 20, in the heart of the Permian Basin – America's largest and most productive oil basin. The hotel boasts beautifully appointed guest rooms and suites, complemented by modern amenities including an indoor swimming pool. Fully stabilized within 30 months of operation (as of December 2023), this asset demonstrates strong performance, achieving a 127.7% RevPAR penetration index (year-over-year increase of 9.5%). Year-to-date room revenue through August 2024 reached $1,639,061, projecting a total of $2.5 million for 2024. Offered at a compelling price of $10,500,000 ($110,526 per key), this represents a significant opportunity below replacement cost for qualified investors and hoteliers seeking exposure to the robust West Texas energy market, which continues to exhibit strong upward momentum. The hotel's 48,746 square foot building is situated in a region known for its substantial oil and natural gas production, serving as a central hub for related activities. This presents a compelling investment opportunity in a high-growth market.