4003 S Loop 289 | Lubbock, TX 79423
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4003 S Loop 289
Lubbock, TX 79423
Hampton Inn Lubbock · Hospitality Property For Sale · 37,872 SF
Investment Highlights
- Institutionally owned, 80-room, Hampton Inn by Hilton that is located directly off South Loop 289 in Lubbock, Texas.
- Surrounded by a wealth of regional demand generators, including Texas Tech University, United Supermarkets Arena, UMC Health System, and many more.
- Significant potential for more hands-on operator through more focused revenue management strategies and reduction in corporate allocated expenses.
- Unique opportunity to acquire a premium limited-service hotel bolstered by the global Hilton Honors program, with more than 170 million members.
PROPERTY FACTS
| Sale Conditions | Auction Sale | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1996 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 4.75/1,000 SF |
| Lot Size | 1.42 AC | Corridor | Interior |
| Building Size | 37,872 SF |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.42 AC |
| Building Size | 37,872 SF |
| No. Stories | 3 |
| Year Built | 1996 |
| Tenancy | Single |
| Parking Ratio | 4.75/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- On-Site Retail
PROPERTY TAXES
| Parcel Number | R139682 | Improvements Assessment | $7,242,900 |
| Land Assessment | $298,957 | Total Assessment | $7,541,857 |
PROPERTY TAXES
Parcel Number
R139682
Land Assessment
$298,957
Improvements Assessment
$7,242,900
Total Assessment
$7,541,857
zoning
| Zoning Code | F1 |
| F1 |
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