713-577-1760
4115 Marsha Sharp Fwy, Lubbock, TX for Sale
Hospitality - FOR SALE
1/3
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4115 Marsha Sharp Fwy
Lubbock, TX 79407


HIGHLIGHTS

  • Located directly off Highway 82 providing convenient access.
  • The hotel is in excellent condition, requiring minimal capital improvements for a new ownership.
  • In 2023, the La Quinta posted a net operating income (“NOI”) of approximately $1.1 million.

OVERVIEW

CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the La Quinta Inn & Suites by Wyndham Lubbock - Medical Center. The property is located off Highway 82, nestled among Texas Tech University, South Plains Mall, and United Supermarkets Arena, Lubbock Christian University, UMC Health System, and several restaurants and recreation area. Thanks to this ideal location, the La Quinta receives business from a diverse population of both corporate and leisure clientele.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

128

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Quinta Inn & Suites by Wyndham Lubbock

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,169 SF

ZONING

-

APN/PARCEL ID

R59857

ASK ABOUT THIS PROPERTY

Michael YuCBRE, Inc.More Info
713-577-1760

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Michael YuCBRE, Inc.More Info
713-577-1760

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