702 Martin Adams Fort Stockton, TX 79735
- Hospitality properties
- 91,389 SF
- 2.10 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 702 Martin Adams
- Year built
- 2023
- Lot size
- 2.10 lot acres
- Property size
- 91,389 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This exceptional investment opportunity presents a brand-new, 94-key Avid hotel in Fort Stockton, Texas. Projected completion is between 2023 and 2025. The property boasts a strategic location at 702 Martin Adams, Fort Stockton, TX 79735, situated along the heavily trafficked I-10 corridor where it intersects Highway 385. This ensures excellent visibility and accessibility for travelers. The four-story building encompasses 91,389 square feet on a 2.098-acre lot. The modern design incorporates amenities appealing to a broad range of guests, including spacious guest rooms, a contemporary lobby, a fitness center, and a business lounge catering to corporate travelers. Fort Stockton's growth, fueled by tourism, the energy sector, and ongoing local development, positions this hotel for strong occupancy rates and significant return on investment. This represents a rare chance to acquire a high-demand hotel in a rapidly developing Texas market. The asking price for this exceptional property is $17,500,000. The hotel's construction is of high quality, reflecting the experience of the developer. This is a compelling investment opportunity in a thriving Texas city.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Stockton
- County
- Pecos
- State
- Texas
- Longitude
- -102.844
- Latitude
- 30.891
