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This Hospitality Property is no longer advertised on LoopNet.ca.

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
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

PROPERTY TAXES

Parcel Number
R139682
Land Assessment
$298,957
Improvements Assessment
$7,242,900
Total Assessment
$7,541,857

zoning

Zoning Code F1
F1
  • Listing ID: 31028728

  • Date on Market: 2024-02-23

  • Last Updated:

  • Address: 4003 S Loop 289, Lubbock, TX 79423

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