910 Avenue Q - Hospitality FOR SALE


Lubbock, TX 79401- North Overton
$1,200,000 USD
806-544-5655
910 Avenue Q, Lubbock, TX for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/2
null | 13% Cap Rate

910 Avenue Q
Lubbock, TX 79401
North Overton


HIGHLIGHTS

  • Existing hotel asset with value-add potential
  • Reinforced concrete construction with wet sprinklers
  • Two-story layout with efficient floorplates
  • Surface parking with easy guest access
  • Centrally located near downtown and Texas Tech
  • Flexible repositioning or renovation opportunity

OVERVIEW

Lubbock Inn presents an excellent value-add hospitality opportunity in the heart of Lubbock, offering strong fundamentals and flexible repositioning potential. Built in 1961 and situated on Avenue Q, the property benefits from steady traffic volumes, proximity to local employers, and easy access to downtown and Texas Tech University. With reinforced concrete construction, wet fire sprinklers, and two-story design, the building provides a solid foundation for renovation, rebranding, or continued operation as an affordable lodging option. The property includes surface parking, a functional layout, and a typical floorplate suited for efficient guest circulation. Investors seeking an entry-level hospitality asset or a redevelopment opportunity will appreciate the strategic location, existing infrastructure, and potential to enhance revenue through improved management or capital upgrades. This site is well positioned for long-term performance within Lubbock’s stable and demand-driven hospitality market.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$114 USD /SF

# OF ROOMS

25

PRICE/ROOM

$48,000 {currency}

CAP RATE

13%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lubbock Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1961

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,806 SF

ZONING

Hotel Commercial

APN/PARCEL ID

R65337

ASK ABOUT THIS PROPERTY

Vipul PatelAarya Hospitality LLCMore Info
806-544-5655

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Vipul PatelAarya Hospitality LLCMore Info
806-544-5655

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