801 Avenue Q - Hospitality FOR SALE
Lubbock, TX 79401 |
801 Avenue Q
Lubbock, TX 79401
HIGHLIGHTS
- 801 Avenue Q is a highly visible and optimally marketed independent hotel that boasts 5+ prominent pylon and building signages.
- Nestled in the Opportunity Zone outside of Downtown Lubbock and approximately 2 miles from Texas Tech University.
- This presents a premier investment opportunity to acquire a well-maintained, highly rated hotel asset surrounded by demand generators.
- Lubbock Preston Smith International Airport is about 11 miles from the hotel, enabling high visitor traffic and hotel guest demand.
- Upper midscale hotel offers a business center, a restaurant/ cafe, a fitness center, meeting and event space, and an indoor pool.
- Upon the closure of sale, the property will not be encumbered by any lease.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Highly Visible MCM Elegante Hotel & Suites
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
378150
STORIES
6
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1982
PARKING SPACES
287
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C
APN/PARCEL ID
R56242
