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Property profile

5518 Starboard Dr Midland, TX 79706

OFF-MARKET
Hospitality properties
Built 2015
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Property summary

AI-generated overview

This exceptional 107-key hotel, a Four Points by Sheraton, presents a compelling investment opportunity in the thriving city of Midland, Texas. Built in 2015, the property boasts a prime location at 5518 Starboard Dr, Midland, TX 79706, within Midland County. Its modern design and established brand recognition within the Marriott portfolio ensure consistent occupancy and revenue streams. The hotel's strategic positioning within Midland caters to both business and leisure travelers, benefiting from the city's robust economy and growing tourism sector. As a hospitality investment, this property offers a strong track record and significant potential for future growth. Detailed financial information and investment highlights are available upon request. The property's 2015 construction ensures modern amenities and efficient operations, minimizing ongoing maintenance costs and maximizing profitability. This turnkey operation is ready for immediate ownership and offers a rare chance to acquire a well-established, high-performing asset in a dynamic Texas market. The property's location provides easy access to major transportation routes and local attractions, further enhancing its appeal to a wide range of guests. This represents a unique opportunity to acquire a profitable and well-maintained hotel in a high-growth area. Interested parties should contact the listing agent for further details.

Property profile

Verified
Property type Hospitality properties
Year built 2015

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5518 Starboard Dr Midland, TX 79706
Midland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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