Hotels for Sale

Quality Suites Midland, TX

Address:
Midland, Texas
Description:
  • Fee simple interest in the bank-owned, 63-room Quality Suites Midland offered at a fraction of replacement cost
  • Property offered for sale through Real Insight Marketplace in the February 15th¬†auction
  • Moderate change of ownership PIP expected due to the recent rebranding to Quality Suites
  • Significant operational upside with property being under receiver control since July 2017
  • Direct access to the Loop 250 / North Garfield Street interchange with upwards of 55,000 vehicles passing the location daily
  • Optimal location in the heart of North Midland within minutes from Midland College, Scharbauer Sports Complex, Midland Memorial Hospital, Concho Resources, and downtown Midland
  • Proximate to all broader Midland demand including Midland International Air & Space Port, Dawson Geophysical, Baker Hughes, and Warren Equipment Company
  • Over the past five years Midland has been one of the fastest growing cities in Texas with approximately 13% population growth and an expected additional 2.5% job expansion forecast for the coming five years

Listing Agents

Kami Burnette
T | 512.831.5605
Email Agent

Bennett Webster
T: 312.339.3698
Email

Omari Head
T: 773.315.5704
Email

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