2515 19th St - Hospitality FOR SALE


Lubbock, TX 79410- Maxey Park
$7,800,000 USD
713-955-5580
2515 19th St, Lubbock, TX for Sale
$7,800,000 USD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

2515 19th St
Lubbock, TX 79410
Maxey Park


HIGHLIGHTS

  • Since 2022, the hotel has averaged top-line rooms revenue of $2,060,000 (rounded).
  • Per the trailing-twelve-month (TTM) data through November 2025, the hotel earned $2,180,000 (rounded) in rooms revenue, leading to a $73 RevPAR.
  • Per the HVS pro forma, the hotel’s stabilized rooms revenue is projected to exceed $2.4 million, with a NOI flow-through of $800,000 (rounded).
  • Upon franchisor approval and completion of the brand-mandated change-of-ownership PIP, investors can expect a new, 12-yr license agreement with IHG.
  • The hotel is currently operated by a third-party management company with full staffing in place.
  • Significant upside exists for a more hands-on owner/operator to restructure operations and implement cost controls.

OVERVIEW

For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=154285 HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 82-key Staybridge Suites Lubbock - University Area, an upscale, extended-stay hotel asset in Lubbock, Texas. Offered at a price below replacement cost, an investor should be able to turn around operations by revitalizing sales and marketing initiatives, recapturing the hotel’s competitive advantage, following the completion of the change-of-ownership property improvement plan (PIP).

FOR SALE DETAILS

PRICE

$7,800,000 USD

PRICE/SF

$142 USD /SF

# OF ROOMS

82

PRICE/ROOM

$95,122 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Staybridge Suites Lubbock

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1999

PARKING SPACES

200

LAND DETAILS

LAND ACRES

2.17 AC

LAND SF

94,525 SF

ZONING

Apartment-Medical Distric

APN/PARCEL ID

R37824

ASK ABOUT THIS PROPERTY

713-955-5580

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713-955-5580

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