1000 S Midkiff Rd | Midland, TX 79701
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1000 S Midkiff Rd
Midland, TX 79701
Rodeway Inn Midland, TX · Hospitality Property For Sale · 22,964 SF
Investment Highlights
- 87-room independent motel with nice living quarters, easy to manage.
- Solidly built in 1973, concrete block construction with a pitched roof.
- All rooms have been recently painted.
- Located in Midland, Texas (population of about 150,000 with consistent growth and high demand for lodging).
- Well-maintained by the same owner since 2004, first time on the market by the seller at a very attractive price of $1.8M.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1973/2019 |
| Building Class | C | Parking Ratio | 3.96/1,000 SF |
| Lot Size | 1.50 AC | Corridor | Exterior |
| Building Size | 22,964 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.50 AC |
| Building Size | 22,964 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2019 |
| Parking Ratio | 3.96/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | R000004-259 | Improvements Assessment | $304,144 |
| Land Assessment | $173,832 | Total Assessment | $477,976 |
PROPERTY TAXES
Parcel Number
R000004-259
Land Assessment
$173,832
Improvements Assessment
$304,144
Total Assessment
$477,976
zoning
| Zoning Code | C-3 |
| C-3 |
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