This Hospitality Property is no longer advertised on LoopNet.com.
4011 S Loop 289
Courtyard by Marriott Lubbock · Hospitality Property For Sale
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43,155 SF
INVESTMENT HIGHLIGHTS
Opportunity to acquire an institutionally-owned, 78-room Courtyard by Marriott that is located directly off South Loop 289.
Significant potential upside for a more hands-on operator through more focused revenue management strategies.
Easy access to area demand generators including Texas Tech, South Plains Mall, United Supermarkets Arena, and the Buddy Holly Center.
Accessible to the Lubbock Preston Smith International Airport, a FedEx and UPS hub with over 500,000 passengers annually.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Hospitality
Property Subtype
Hotel
Building Class
B
Lot Size
1.76 AC
Building Size
43,155 SF
No. Stories
3
Year Built/Renovated
1996/2019
Tenancy
Single
Corridor
Interior
Zoning
F1
AMENITIES
Balcony Business Center Fitness Center
Pool Restaurant High Speed Internet Access
Patio On-Site Bar Meeting Event Space
Public Access Wifi Smoke-Free Hot Tub
PROPERTY TAXES
Parcel Number
R139670
Improvements Assessment
$6,039,240
Land Assessment
$260,760
Total Assessment
$6,300,000
