909 66th St - Hospitality FOR SALE
Lubbock, TX 79412 |
909 66th St
Lubbock, TX 79412
HIGHLIGHTS
- Dual branded hotel with 169 units - 120 Motel 6 and 49 Studio 6
- 2023 room revenue: $1,496,141; 2024 rom revenue: $1,264,203
- Studio 6 opened Jan 2024 with rooms continuing to be added to inventory
- Offered at a 3.1x multiplier of the 2023 room revenue
- Located in the 10th largest city in Texas with a population of 266,873
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Motel 6 Lubbock, TX
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
22572
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1979
PARKING SPACES
172
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
F1
APN/PARCEL ID
R45716
