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909 66th St
Lubbock, TX 79412

$4,950,000 USD

Hotel For Sale • 22,572 SF

Property Details

Property Type Hotel
Total Building Size 22,572 SF
Lot Size 3.1 AC
Building Class C
Year Built 1979
Tenancy Single
Zoning F1

19 Transit Score

15 Walk Score

                
                    Highlights
                
                                Dual Branded Hotel with 171 Units - 122 Motel 6 and 49 Studio 6 
                            
                                Priced to sell at $28,947 per key
                            
                                2023 Room Revenue: $1,496,141
                            
                                Studio 6 opened Jan 2024 with rooms continuing to be added to inventory
                            
                                Offered at a 3.3x Multiplier of the 2023 Room Revenue
                            
                                10th largest city in Texas with Population of 266,873

Amenities

Pool
High Speed Internet Access
Patio
Public Access Wifi

Public Transportation

Airport	Drive	Walk	Distance
Lubbock Preston Smith International	25 min	-	14.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	172
Type:	Surface
Included in Rent:	Yes

Andrew Post 805-557-8857 NewGen Advisory

909 66th St Lubbock, TX 79412