Extended-Stay Hotel with
For Sale
Contact for pricing
Pending
4412 Tanglewood Ln, Odessa, TX 79762
All-suite lodging property with in-room kitchenettes and flexibility for continued hotel or multifamily use.
Property SizeContact for details
Days on Market142
Property Features for 4412 Tanglewood Ln
General Information
Standard status
Pending
Property subtype
Hospitality
Listing Agency:
NewGen Advisory
Listed By:
Twinkle Patel · License #341738
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 10:12PM
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 NewGen Advisory
Investment Insights
Based on property information with market context.
TownePlace Suites by Marriott is an all-suite extended-stay hotel in Odessa, Texas, with kitchenettes in each suite. The property is currently operated under the TownePlace Suites by Marriott brand and is offered without a management encumbrance.
The hotel is located 1 mile from the University of Texas Permian Basin and within the Permian Basin, an area associated with oil and gas activity. Its zoning permits multifamily use by right, providing a stated alternative to continued hotel operations. Potential alternate configurations identified for the property include an apartment complex or student housing community.
The hotel is located 1 mile from the University of Texas Permian Basin and within the Permian Basin, an area associated with oil and gas activity. Its zoning permits multifamily use by right, providing a stated alternative to continued hotel operations. Potential alternate configurations identified for the property include an apartment complex or student housing community.
Key Highlights
- TownePlace Suites by Marriott extended‑stay hotel
- All‑suite property with kitchenettes in every suite
- Located 1 mile from the University of Texas Permian Basin
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,058
Businesses Nearby
Explore this area
Business Placement
Demographics for 79762, TX
40,253
Population
17,259
Households
2.3
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
30.5 sq mi
ZIP Area
1,320
Density / Sq Mi
$74,560
Median Household Income
$45,151
Median Earnings
$1,338
Median Rent
$218,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - All-suite lodging property with in-room kitchenettes and flexibility for continued hotel or multifamily use.
Where is this hotel located?
The property is located at 4412 Tanglewood Ln Odessa, TX.
What are key features of this property?
This property features: TownePlace Suites by Marriott extended‑stay hotel; All‑suite property with kitchenettes in every suite; Located 1 mile from the University of Texas Permian Basin
