Investment Overview

The four-story hotel features interior corridors, 95 guestrooms, elevators, a welcoming lobby, breakfast area, sundry market, fitness center, guest laundry, and an outdoor pool. Monahans, TX is in West Texas between Pecos and Odessa/Midland, in the heart of the Permian Basin. This area accounts for nearly 40 percent of all oil production in the United States and nearly 15 percent of its natural gas production, according to the Federal Reserve Bank of Dallas. The property is off Interstate 20, just 38 miles south from Odessa and 40 miles north of Pecos. Over 20,000 vehicles pass the Fairfield Inn & Suites Monahans each day, several stopping in Monahans to visit the miles of 70-foot-tall sand dunes at Monahans Sandhills State Park. Newly constructed in 2021, this property is already capturing more than its market share in occupancy compared to its competitors in the area and expects a 33% increase in revenue in 2023. Located directly adjacent to the county’s Convention Center, the Fairfield Inn & Suites Monahans provides the area with a much-needed upper-midscale property to accommodate its visitors.