3930 E Interstate 40 - Hospitality FOR SALE


Amarillo, TX 79103
$3,500,000 USD
714-353-8917
3930 E Interstate 40, Amarillo, TX for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/3
null | Request Cap Rate

3930 E Interstate 40
Amarillo, TX 79103


OVERVIEW

Americas Best Value Inn Amarillo Airport is a prime investment opportunity located at 3930 E Interstate 40 in Amarillo, TX. This 29,348 SF property sits on 3.72 acres of land and features 103 rooms, making it a lucrative hospitality asset. The hotel, built in 1982 and renovated in 2011, offers a parking ratio of 1.01 per room with 104 parking spaces. With a central location near major highways and the airport, this property is strategically positioned to attract travelers, making it a sound business venture. Priced at $3,500,000, this investment boasts a competitive price per key of $33,981 and a price per square foot of $119.26. Surrounding demographics show promising population growth and strong household incomes, ensuring a steady influx of potential guests. Don't miss out on the opportunity to own Americas Best Value Inn Amarillo Airport - a well-maintained property with immense potential for a savvy investor. Contact us today to learn more about this exclusive offering.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$119 USD /SF

# OF ROOMS

103

PRICE/ROOM

$33,981 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Americas Best Value Inn Amarillo Airport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1982

PARKING SPACES

104

LAND DETAILS

LAND ACRES

3.72 AC

LAND SF

162,088 SF

ZONING

C

APN/PARCEL ID

R-022-0300-4160-0

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
714-353-8917

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
714-353-8917

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.