1617 N Highway 87 | Lamesa, TX 79331
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1617 N Highway 87
Lamesa, TX 79331
Southern Inn & Suites Lamesa · Hospitality Property For Sale · 16,250 SF
Investment Highlights
- 42-Room, Exterior-Corridor, Limited-Service Hotel Built in 2014
- Located Within the Permian Basin, One of the Largest Sedimentary Basins in the United States
- On-site 2 Bedroom / 2 Bathroom Manager’s Apartment
- Priced Below Replacement Cost at $43,452 Per Key
- Strong Historical Net Operating Income
- Operational Upside for Hands-On Owner-Operator Experienced in Revenue Management
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 16,250 SF |
| Property Subtype | Hotel | No. Stories | 1 |
| Building Class | C | Year Built | 2014 |
| Lot Size | 3.08 AC | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.08 AC |
| Building Size | 16,250 SF |
| No. Stories | 1 |
| Year Built | 2014 |
| Corridor | Exterior |
Amenities
- Pool
- Patio
About 1617 N Highway 87 , Lamesa, TX 79331
The Southern Inn & Suites Lamesa is a 42-room, one-story, independent-branded Hotel built in 2014. The common area amenities include a swimming pool, bar-b-que pits, and washer/dryer on site. Each guest room offers a flat-screen television, microwave, mini-refrigerator, and work desk.
PROPERTY TAXES
| Parcel Number | 15756 | Improvements Assessment | $2,052,507 |
| Land Assessment | $86,937 | Total Assessment | $2,139,444 |
PROPERTY TAXES
Parcel Number
15756
Land Assessment
$86,937
Improvements Assessment
$2,052,507
Total Assessment
$2,139,444
zoning
| Zoning Code | none |
| none |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
