Deluxe Inn | 620 W Amarillo Blvd
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Deluxe Inn 620 W Amarillo Blvd
20 Room Hotel Amarillo, TX 79107 $710,197 CAD ($35,510 CAD/Room) 14% Cap Rate
Executive Summary
Presenting an exceptional opportunity to acquire and operate a 20-room motel on Amarillo's main thoroughfare, ideally positioned to capitalize on high traffic counts and the city's improving economy. This property promises significant growth potential with an achievable 25% improvement in vacancy rate. Its prime location on a well-traveled route boosts visibility and accessibility for both local and transient guests, driving demand for convenient and affordable lodging.
With ample room for improvement, this motel is poised to see a notable increase in Revenue Per Available Room (RevPAR) by 25% or more through strategic management, modest upgrades, and targeted marketing efforts. The area's steady growth and popularity as a travel hub provide a solid foundation for profitable operations and long-term success. Take advantage of this rare opportunity to enhance a well-located asset in a growing community.
With ample room for improvement, this motel is poised to see a notable increase in Revenue Per Available Room (RevPAR) by 25% or more through strategic management, modest upgrades, and targeted marketing efforts. The area's steady growth and popularity as a travel hub provide a solid foundation for profitable operations and long-term success. Take advantage of this rare opportunity to enhance a well-located asset in a growing community.
Data Room Click Here to Access
Property Facts
| Price | $710,197 CAD | Lot Size | 0.98 AC |
| Price Per Room | $35,510 CAD | Building Size | 8,600 SF |
| Sale Type | Investment | No. Rooms | 20 |
| Cap Rate | 14% | No. Stories | 1 |
| Sale Conditions | High Vacancy Property | Year Built | 1957 |
| Property Type | Hospitality | Parking Ratio | 2.79/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C |
| Price | $710,197 CAD |
| Price Per Room | $35,510 CAD |
| Sale Type | Investment |
| Cap Rate | 14% |
| Sale Conditions | High Vacancy Property |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.98 AC |
| Building Size | 8,600 SF |
| No. Rooms | 20 |
| No. Stories | 1 |
| Year Built | 1957 |
| Parking Ratio | 2.79/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 20 | $78.28 CAD | - |
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PROPERTY TAXES
| Parcel Number | R-044-9600-0440-0 | Improvements Assessment | $103,777 CAD |
| Land Assessment | $68,208 CAD | Total Assessment | $171,986 CAD |
PROPERTY TAXES
Parcel Number
R-044-9600-0440-0
Land Assessment
$68,208 CAD
Improvements Assessment
$103,777 CAD
Total Assessment
$171,986 CAD
zoning
| Zoning Code | LC (Light Commercial District) |
| LC (Light Commercial District) |
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Deluxe Inn | 620 W Amarillo Blvd
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