836 I-10, Fort Stockton, TX 79735
NewGen Advisory is proud to present the 84-unit La Quinta Inn & Suites – Fort Stockton, TX. The hotel is situated off Interstate-10 and Texas-18 giving guests easy access to surrounding cities. Having been built in 2020, the La Quinta Inn & Suites – Fort Stockton, TX is the latest prototype of the highly recognized brand. Investors have an opportunity to acquire a stabilizing asset in a growing Texas market at below replacement cost. Location Description Fort Stockton is situated at the crossroads of U.S. Highway 285 and Interstate 10 in the Texas West Area, making it a key stopping point for travelers heading east-west and north-south. The local economy has historically been tied to ranching, oil, and gas industries. In recent years, the city has also seen growth in tourism and renewable energy, particularly solar power projects. Agriculture remains an important part of the local economy, with farming and ranching being common activities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.