4115 Marsha Sharp Fwy | Lubbock, TX 79407
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4115 Marsha Sharp Fwy
Lubbock, TX 79407
La Quinta Inn & Suites by Wyndham Lubbock · Hospitality Property For Sale
·
106,562 SF
INVESTMENT HIGHLIGHTS
- Since 2022, the hotel has consistently generated strong rooms revenue, averaging over $2,300,000 (rounded), showcasing Lubbock submarket growth.
- Over the last two years, current ownership has invested in upgrades and renovations throughout multiple areas of the property.
- Excellent location near West Medical Center in the Lubbock Medical District drives consistent lodging demand.
- Per the July 2025 TTM data, the hotel earned $2,440,000 in rooms revenue, reflecting a 15.7% increase from earnings during the same period last year.
- Given the recent renovations, a minor change-of-ownership property improvement plan (PIP) is expected.
- Located near Texas Tech University (TTU), which draws a steady stream of visitors, including prospective students, families, & sports fans.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built/Renovated | 1986/2024 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.08 AC | Corridor | Interior |
| Building Size | 106,562 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.08 AC |
| Building Size | 106,562 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1986/2024 |
| Tenancy | Single |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | R59857 | Improvements Assessment | $5,465,156 |
| Land Assessment | $634,844 | Total Assessment | $6,100,000 |
PROPERTY TAXES
Parcel Number
R59857
Land Assessment
$634,844
Improvements Assessment
$5,465,156
Total Assessment
$6,100,000
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