3001 Dickinson BlvdFort Stockton, TX 79735

Property Details for 3001 Dickinson Blvd

Year built

1970

Lot size

2.07 AC

Property size (Sq ft)

87,532 SF

Property type

Commercial real estate

APN

01200-01000-01000-000000

APU

9223372036854775807

Description

This exceptional investment opportunity presents a 106-key Motel 6 located in Fort Stockton, Texas, at 3001 W Dickinson Blvd, zip code 79735. The property, built in 1970, comprises three buildings across two stories, offering significant upside potential. Historically, the motel has generated annual revenues ranging from $500,000 to over $1.5 million over the past five years, demonstrating strong earning capacity. A December 2023 STR report reveals a RevPAR index of 53%, indicating substantial room for market share growth and revenue enhancement. Currently privately owned with absentee ownership, this property presents a unique chance to acquire a well-established business. The convenient location, with easy access to Interstate 10 and proximity to Midland International Airport (1.5 hours away), ensures strong visibility and accessibility for guests. The asking price is $2,250,000, representing a cost per key below $22,000, making this a compelling acquisition below replacement cost. The property's APN is 01200-01000-01000-000000. Showings are by appointment only

Location Insight

City

Fort Stockton

County

Pecos

State

Texas

Latitude

30.8937

Longitude

-102.913

Property Tax & Assessments

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