Property Description: Newly constructed, 55 room, turn-key Best Western located in Seminole, TX., in the panhandle just east of Hobbs, NM and north of Midland and Odessa, TX. The west Texas region is experiencing tremendous oil and gas activity, and the city of Seminole sits amongst all of the activity. There is an influx of day laborers and an extreme shortage of rooms available. This new Best Western should experience well over 80% occupancy and can reasonably expect a minimum of $69 ADR. This outstanding hotel is
Location Description: Brand new 55 room Best Western in a strong west Texas market with very little competition. Currently only two other hotels in the area, both of which are much older and unbranded and have less than 40 rooms each. One has occupancy of 82% and ADR of $56, so we expect that this new hotel will experience much better numbers.
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