Baymont Inn and Suites

Recently Renovated Asset: The hotel has undergone recent renovations, giving a new owner the benefit of reduced near-term capital expenditures. The updated rooms and refreshed common areas enhance guest satisfaction, improve online ratings, and position the property to capture additional market share in Andrews’ competitive lodging environment.
Attractive Pricing & Strong Returns: Offered at $2,925,000, the property delivers a 7.69% cap rate on current NOI of $225,000. At only $27,083 per key, this represents a compelling below-replacement cost opportunity with immediate cash flow and upside potential.
Consistent Revenue Base: With annual room revenue of approximately $750,000, the hotel has a demonstrated history of steady performance. This revenue is supported by demand from both short-term travelers and long-term workforce guests tied to the Permian Basin.
Energy Sector Demand Drivers: Andrews serves as a vital support hub for the Permian Basin, one of the most active oil and gas producing regions in the U.S. The steady flow of energy workers and related business travel creates reliable lodging demand, benefiting well-maintained and accessible properties such as this hotel.
Strategic Location & Land Position: Situated on South Main Street with ±2.55 acres of land and 120 parking spaces, the property offers excellent visibility, convenient highway access, and ample parking for trucks, work crews, and transient guests. This positioning makes it highly functional for both business and leisure travelers.
Efficient Size & Operations: With 62 rooms and 38,268 SF of improvements, the hotel is large enough to generate meaningful revenue while still maintaining manageable operating
expenses. This balance makes the asset attractive to both regional operators seeking scale and new entrants looking for a stable, mid-sized property.
Supportive Local Market Fundamentals: Andrews has experienced steady growth in both population and household income, driven by its energy-centric economy and supporting industries. Local infrastructure investments and stable workforce housing needs continue to reinforce lodging demand across the market.

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Patrick Graham