La Quinta Inn & Suites in Fort Stockton, Texas, is on the market for $13,250,000, presenting an excellent investment opportunity. Built in 2020, this 84-room property is the latest prototype from the well-recognized La Quinta brand and is offered below replacement cost.
Property Highlights:
- Location: 836 I-10, Fort Stockton, TX 79735
- Price Per Room: $157,738
- Lot Size: 3.6 acres
- Building Size: 40,000 square feet
- Stories: 4
- Room Mix:
- 30 Suites: $130/day
- 54 Guest Rooms: $105/day
- Amenities: Business center, fitness center, pool, meeting/event space, and public access Wi-Fi
Strategic Location:
The hotel is located at the crossroads of U.S. Highway 285 and Interstate 10, providing convenient access for east-west and north-south travelers. Fort Stockton’s economy is fueled by ranching, oil, and gas, with growing contributions from renewable energy projects and tourism.
Investment Opportunity:
This property is ideal for investors seeking a stabilizing asset in a market with potential for significant revenue growth. NewGen Advisory highlights that recent data shows strong market trends, making this an attractive addition to any hospitality portfolio.
For more information, contact:
- Kishan Gohel: kishan.gohel@newgenadv.com | 480-766-6014
- Jigar Desai: jigar.desai@newgenadv.com | 520-664-4091
All property visits are by appointment only. Interested buyers should reach out directly to schedule a tour or submit an offer.
