Devesh Ragha of NewGen Advisory offers for sale an exceptional investment opportunity in the thriving Texas Panhandle, the Holiday Inn (West Medical Center) - Amarillo, TX. Opened in July 2011, the property boasts 151 well-appointed rooms across four stories, with a gross building area of 83,748 square feet and a typical floor plan of 20,937 square feet. $3.4M total revenue in 2024. Minimal PIP will be required.
Situated in a suburban setting, the Holiday Inn (West Medical Center) - Amarillo, TX features an interior corridor layout, ensuring a comfortable and secure environment for guests. While it does not offer an all-inclusive rate, the hotel provides substantial amenities, including 3,900 square feet of meeting space, catering to both business and leisure travelers.
This upper midscale franchise, part of the esteemed IHG Hotels & Resorts family, is prominently located right off Interstate 40, a key thoroughfare connecting Amarillo with major cities such as Albuquerque and Oklahoma City. It is surrounded by a variety of dining and retail options and is enriched by Amarillo's unique blend of modernity and traditional Texan charm, the Holiday Inn (West Medical Center) - Amarillo hotel asset is a compelling choice for investors seeking to capitalize on a robust hospitality market.