713-955-0012
6435 50th St, Lubbock, TX for Sale
Hospitality - FOR SALE
1/19
null | Request Cap Rate

6435 50th St
Lubbock, TX 79407
Northwest Lubbock


HIGHLIGHTS

  • The asset has been institutionally owned by a REIT since January 2020. The hotel is operated by a management company, with a full staff in place.
  • Since 2022, the hotel has consistently generated strong rooms revenue, averaging over $3,157,000 (rounded).
  • The hotel’s rooms revenue for the trailing twelve months (TTM) period through August 2025 equated to $3,172,000 (rounded).
  • Built with custom design elements - awarded Marriott's 2018 “Development Project of the Year” for the Fairfield Inn & Suites brand in North America.
  • Excellent visibility and accessibility off the frontage road along Marsha Sharp Freeway/Milwaukee Avenue within the Canyon West shopping center.
  • Located six miles from Texas Tech University and within the rapidly expanding Lubbock, Texas economy contributing to steady lodging demand.

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=145815 HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 101-key Fairfield Inn & Suites by Marriott Lubbock Southwest, a high-quality, limited-service hotel asset that features custom design elements.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

101

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairfield Inn & Suites Lubbock Southwest

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2017

PARKING SPACES

113

LAND DETAILS

LAND ACRES

2.17 AC

LAND SF

94,525 SF

ZONING

Real Commercial (F1)

APN/PARCEL ID

R327901

ASK ABOUT THIS PROPERTY

713-955-0012

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713-955-0012

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