4115 Marsha Sharp Fwy - Hospitality FOR SALE
Lubbock, TX 79407 |
4115 Marsha Sharp Fwy
Lubbock, TX 79407
HIGHLIGHTS
- Since 2022, the hotel has consistently generated strong rooms revenue, averaging over $2,300,000 (rounded), showcasing Lubbock submarket growth.
- Per the July 2025 TTM data, the hotel earned $2,440,000 in rooms revenue, reflecting a 15.7% increase from earnings during the same period last year.
- Over the last two years, current ownership has invested in upgrades and renovations throughout multiple areas of the property.
- Given the recent renovations, a minor change-of-ownership property improvement plan (PIP) is expected.
- Excellent location near West Medical Center in the Lubbock Medical District drives consistent lodging demand.
- Located near Texas Tech University (TTU), which draws a steady stream of visitors, including prospective students, families, & sports fans.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
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CAP RATE
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BUILDING DETAILS
PROPERTY NAME
La Quinta Inn & Suites by Wyndham Lubbock
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
106562
STORIES
6
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1986
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
R59857
