162-room, 3 story interior corridor Franchised Hotel located in Lubbock, TX. The hotel was built in 1979 and is in excellent condition. The Seller expects that only exterior paint, corridor carpet, and replacing some of the TV's as requirements from the current franchisor. Rooms have been updated with LVT flooring, and both bathrooms and FF&E meet brand standards. Revenue in 2023 was $1,173,082.99 without a full-time Owner on-site. The hotel features an indoor pool and there is flexibility to bring a new flag to the hotel. The hotel has direct access to Interstate 27. Lubbock, Texas, with a growing population of 255,000 and 10% city growth rate (2020-2022), boasts strong hotel demand generators, primarily Texas Tech University, drawing students, faculty, and visitors. Additionally, Covenant Medical Center and University General Hospital drive occupancy with patients and medical professionals. Major events at the United Supermarkets Arena and Lubbock Memorial Civic Center also significantly impact hotel demand. Full details available after signing a Confidentiality Agreement.