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4101 Parks Legado Rd
Odessa, TX 79765

$6,500,000 USD

Hotel For Sale • 34,068 SF

Property Details

Property Type Hotel
Total Building Size 34,068 SF
Lot Size 2.41 AC
Building Class B
Year Built 2014
Zoning CB-2

0 Transit Score

29 Walk Score

                
                    Highlights
                
                                Rooms revenue equated to $2,058,839 in 2025, reflecting a 13.5% increase compared to what was earned during 2024.
                            
                                Per the December 2025 STR report, the hotel ranked first out of six competitors in terms of RevPAR, registering a 136.1% RevPAR index.
                            
                                A new investor will be able to capitalize on the strong demand trends of the market.
                            
                                In 2025, the hotel generated $716,219 NOI, demonstrating strong, reliable cash flow and supporting an attractive 11.0% capitalization rate.
                            
                                Based on the $6.5M pricing guidance the hotel underwrites to an attractive 3.16x RRM in consideration of the hotel’s 2025 rooms revenue of $2,058,839.
                            
                                Excellent location in the Permian Basin region, which has strong oil-and-gas presence from companies like Chevron, ExxonMobil, ConocoPhillips.

Amenities

Business Center
Fitness Center
High Speed Internet Access
Meeting Event Space
Public Access Wifi
Smoke-Free

Public Transportation

Airport	Drive	Walk	Distance
Midland International Air And Space Port	15 min	-	8.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	73
Type:	Surface
Included in Rent:	Yes

Andrew Frosch 281-684-5653 HVS

4101 Parks Legado Rd Odessa, TX 79765