for sale
La Quinta Inn & Suites
836 I-10 | Fort Stockton, TX 79735
Investment Highlights
- Well maintained 2020 new build property
- Absentee owner
- Limited competition off exit
- Positive guest ratings
Property Description
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.
Share to Social
Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Jigar “Jay” Desai
Senior Vice President
AZ #SA675144000
(520) 664-4091
jigar.desai@newgenadv.com
Kishan Gohel
Senior Vice President
AZ #SA684403000
(480) 766-6014
kishan.gohel@newgenadv.com
BROKER OF RECORD
Bharat Patel-Vakil
NewGen Advisory TX, LLC
TX # 512841