For Sale
$2,900,000

6030 I-40 West Amarillo, TX 79106

92-unit hotel, renovated 2023, prime location.

Overview

Added:
Jan 28
Days on market:
90
This exceptional 27,525 square foot Amarillo, TX hotel presents a compelling investment opportunity. The Relax Inn boasts 92 units and sits on a 1.53-acre lot, offering ample parking for guests and staff. Completely renovated in 2023, this well-maintained property is zoned HC, allowing for flexible commercial use. Its strategic location in Amarillo, near the medical district and historic Route 66, provides access to a diverse range of clientele, including business travelers, tourists, and those attending nearby corporate conventions and sporting events. The property's proximity to major cities like Albuquerque, Oklahoma City, Dallas, and Denver makes it an ideal stopover for travelers. Furthermore, the inclusion of a three-bedroom manager's apartment on-site adds to its operational efficiency. This property offers a proven track record in the hospitality sector and presents a unique chance to capitalize on Amarillo's thriving economy and tourism. The combination of its recent renovation, prime location, and flexible zoning makes this a truly attractive investment prospect.

Highlights

  • 27,525 sq ft building with 92 units, renovated in 2023.
  • Located in Amarillo, TX, near Route 66 and a medical district.
  • Offers flexible commercial zoning (HC) and ample parking.

Property Details for 6030 I-40 West

Property type
Hotels, Hospitality properties
Square Feet
27,525 SF
Price / Square Foot
$105.36
Year Built/Renovated
1980/2023
Buildings
1
Stories
3
Elevators
N/A
Lot Size (sq. ft)
66,647 SF
Units
92

Location Insight

City
Amarillo
County
State
Texas

FAQs

What type of property is this?
Hotel - 92-unit hotel, renovated 2023, prime location.
Where is the hotel located?
The property is located at 6030 I-40 West Amarillo, TX.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 27,525 sq ft building with 92 units, renovated in 2023.; Located in Amarillo, TX, near Route 66 and a medical district.; Offers flexible commercial zoning (HC) and ample parking.
How can I contact the broker?
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6030 I-40 West
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