4401 Avenue Q - Hospitality FOR SALE


Lubbock, TX 79412- Ballenger
$850,000 USD
732-757-6393
4401 Avenue Q, Lubbock, TX for Sale
$850,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

4401 Avenue Q
Lubbock, TX 79412
Ballenger


OVERVIEW

Take advantage of the opportunity to acquire the Executive Inn, a ±23,887 SF hospitality asset situated on approximately 1.85 acres along Avenue Q in Lubbock, Texas. Strategically positioned with strong visibility and convenient access to Interstate 27, the property benefits from proximity to Texas Tech University, downtown Lubbock, major employers, healthcare facilities, and regional transportation corridors. The property is currently improved as a motel/hotel asset and offers investors multiple paths to create value through operational improvements, repositioning, renovation, or redevelopment.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$36 USD /SF

# OF ROOMS

20

PRICE/ROOM

$42,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Executive Inn

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1979

PARKING SPACES

111

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,791 SF

ZONING

C4

APN/PARCEL ID

R80355

ASK ABOUT THIS PROPERTY

Nikhil VishakantaWe InvestMore Info
732-757-6393

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Nikhil VishakantaWe InvestMore Info
732-757-6393

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