For Sale
$5,999,000

5310 Englewood AveLubbock, TX 79424

73-Key Hotel, Prime Lubbock Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 73-key hotel presents a compelling investment opportunity in Lubbock, Texas. Located at 5310 Englewood Ave, Lubbock, TX 79424, this three-story property boasts 139,833 square feet situated on a 2-acre lot. Built in 2004, the hotel offers a contemporary design and ample parking with a ratio of 0.86 spaces per 1000 square feet. The asking price is $5,999,000, representing a price per key of approximately $82,192. This established hotel is strategically positioned in a high-growth area of Lubbock, offering significant potential for return on investment. The property's size and location make it an attractive option for both seasoned investors and those seeking to enter the hospitality market. The building class is C. This turnkey operation provides immediate income potential and the opportunity to capitalize on the thriving Lubbock market. Detailed financial information and operational data are available upon request. Don't miss this chance to acquire a well-established hotel in a dynamic Texas city.

Highlights

  • 73-key hotel in Lubbock, TX, offering a compelling investment opportunity.
  • Located at 5310 Englewood Ave, on a 2-acre lot with 139,833 square feet.
  • Three-story building constructed in 2004, featuring a contemporary design and ample parking (0.86 spaces per 1000 sq ft).
  • Asking price: $5,999,000 ($82,192 per key).
  • Class C building situated in a high-growth area of Lubbock, offering strong ROI potential.

Property Details for 5310 Englewood Ave

Property type
Hospitality properties, Hotels
Square Feet
139,833 SF
Year Built
2004
Stories
3
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Lubbock
County
Lubbock
State
Texas
Latitude
33.5444768
Longitude
-101.9382939
5310 Englewood Ave, Lubbock, Texas

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5310 Englewood Ave
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