6107 Justice Ave - Hospitality FOR SALE


Lubbock, TX 79424
$16,500,000 USD
469-471-7919
6107 Justice Ave, Lubbock, TX for Sale
$16,500,000 USD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

6107 Justice Ave
Lubbock, TX 79424


HIGHLIGHTS

  • Year round customer base Immediate and consistent foot traffic prime location Surrounded by residential, retail, medical developments High visibility

OVERVIEW

An exceptional investment opportunity awaits with the Holiday Inn Lubbock South, an IHG Hotel - a 107-room, new build property that opened its doors in 2019. This modern, full-service hotel offers a thoughtfully curated mix of king suites, double queen suites, and spacious family suites, along with King and double queens appealing to a wide range of guests including business travelers, university visitors, and families. The property includes a built-in restaurant space, currently available for lease, presenting a valuable opportunity for an established or up-and-coming restaurant operator to capitalize on the hotel's steady clientele and high visibility. As part of the globally recognized IHG brand, the hotel benefits from strong brand loyalty, reservation infrastructure, and operational support, making a turnkey asset in one of the West Texas's fastest-growing markets.

FOR SALE DETAILS

PRICE

$16,500,000 USD

PRICE/SF

$140 USD /SF

# OF ROOMS

107

PRICE/ROOM

$154,206 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Lubbock South

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2019

PARKING SPACES

123

LAND DETAILS

LAND ACRES

4.78 AC

LAND SF

208,217 SF

ZONING

Commercial

APN/PARCEL ID

R113085

ASK ABOUT THIS PROPERTY

Manju PokhrelBetter Homes And Gardens Real Estate InfinityMore Info
469-471-7919

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Manju PokhrelBetter Homes And Gardens Real Estate InfinityMore Info
469-471-7919

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