Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Baymont by Wyndham Andrews Texas (‘Hotel’ or ‘Property’). The Baymont by Wyndham-branded Hotel is being made available for auction on the Ten-X website and offered on a “call for offers” basis. Please reach out to the listing agent for more information. The Baymont by Wyndham Andrews Texas is located at 601 South Main Street (US Highway 385) in Andrews, Texas. The 62-room, three-story, midscale Property was built in 2013 and sits on 3.56 acres. The Hotel maintains various common area amenities including on-site guest laundry facility, fitness room, business center, meeting room, breakfast area and sweet shop. Andrews is the residing county seat of Andrews County, Texas, and is located about 45 miles north of Midland, 35 miles north of Odessa, and approximately 110 miles southwest of Lubbock. The county is included in the Permian Basin which, in December 2022, accounted for over 45 percent of all oil production in the United States and over 18 percent of its natural gas production, according to the Federal Reserve of Dallas. Oil and gas mining plays a major role in the region’s economy with businesses such as Chevron, ExxonMobil, Devon Energy, and Baker Hughes holding operations in the area. Other industries include manufacturing, health care, and waste disposal with the largest employers being Waste Control Specialists LLC, Right Lane Industries, and Permian Regional Medical Center. Additionally, within the city and nearby, a variety of leisure demand generators, including Lakeside Park, Legacy Park Museum, Jumbo Hill Wind Farm and Andrews County Expo Arena (ACE Arena) provide guests with recreational options during their stay. The Baymont by Wyndham Andrews Texas offers an investor or owner-operator the opportunity to acquire a Hotel below replacement costs with value-add potential through operational initiatives and aggressive revenue management strategies.