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Best Western Lubbock West Inn & Suites 5310 Englewood Ave 73 Room Hotel Lubbock, TX 79424 For Sale 8.12% Cap Rate
Investment Highlights
- 73 Rooms over 3 floors
- South Plains Mall - 1 min drive
- Buddy Holly Center - 9 min drive
- West End Center - 2 min drive
- Texas Tech University - 4 min drive
- Lubbock Preston Smith Int'l Airport - 31 min / 17.1 miles
Executive Summary
PLEASE VISIT THE FULL LISTING PAGE ON OUR WEBSITE: www.tabanirealty.com/listings
Best Western Lubbock West Inn & Suites offers a strong investment opportunity in West Lubbock's active commercial corridor. The 73-room property, fully renovated with updated interiors and modern finishes, benefits from consistent demand generators including Texas Tech University, the Medical District anchored by Covenant Health System, and South Plains Mall's dense retail environment. Proximity to family entertainment venues, dining, and cultural attractions like the Buddy Holly Center and Science Spectrum Museum further supports steady leisure and transient traffic, while a roughly 20-minute drive to Lubbock Preston Smith International Airport adds convenient regional access. Backed by the recognized Best Western brand and a diversified local economy rooted in healthcare, education, and retail, the asset offers dependable occupancy potential, brand-supported operational efficiencies, and long-term upside for owner-operators or investors seeking a well-positioned secondary-market hold.
Location Description
Best Western Lubbock West Inn & Suites places guests in the heart of West Lubbock, just minutes from South Plains Mall and a variety of nearby shopping and dining options. Texas Tech University and the Medical District, anchored by Covenant Health System, are a short drive away, making the hotel a convenient choice for campus visits, medical stays, or business travel. Culture and entertainment are close at hand too, with the Buddy Holly Center, Museum of Texas Tech, McPherson Cellars Winery, and Science Spectrum Museum all easily reachable. Families will enjoy nearby attractions like Main Event and Water Rampage, while Cinemark Movies 16 offers an easy night out. Lubbock Preston Smith International Airport is approximately a 20-minute drive, rounding out a location that balances comfort, accessibility, and West Texas charm.
Best Western Lubbock West Inn & Suites offers a strong investment opportunity in West Lubbock's active commercial corridor. The 73-room property, fully renovated with updated interiors and modern finishes, benefits from consistent demand generators including Texas Tech University, the Medical District anchored by Covenant Health System, and South Plains Mall's dense retail environment. Proximity to family entertainment venues, dining, and cultural attractions like the Buddy Holly Center and Science Spectrum Museum further supports steady leisure and transient traffic, while a roughly 20-minute drive to Lubbock Preston Smith International Airport adds convenient regional access. Backed by the recognized Best Western brand and a diversified local economy rooted in healthcare, education, and retail, the asset offers dependable occupancy potential, brand-supported operational efficiencies, and long-term upside for owner-operators or investors seeking a well-positioned secondary-market hold.
Location Description
Best Western Lubbock West Inn & Suites places guests in the heart of West Lubbock, just minutes from South Plains Mall and a variety of nearby shopping and dining options. Texas Tech University and the Medical District, anchored by Covenant Health System, are a short drive away, making the hotel a convenient choice for campus visits, medical stays, or business travel. Culture and entertainment are close at hand too, with the Buddy Holly Center, Museum of Texas Tech, McPherson Cellars Winery, and Science Spectrum Museum all easily reachable. Families will enjoy nearby attractions like Main Event and Water Rampage, while Cinemark Movies 16 offers an easy night out. Lubbock Preston Smith International Airport is approximately a 20-minute drive, rounding out a location that balances comfort, accessibility, and West Texas charm.
Property Facts
| Sale Type | Investment | Building Size | 56,934 SF |
| Cap Rate | 8.12% | No. Rooms | 73 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2004/2023 |
| Building Class | C | Parking Ratio | 1.18/1,000 SF |
| Lot Size | 2.00 AC | Corridor | Interior |
| Zoning | None | ||
| Sale Type | Investment |
| Cap Rate | 8.12% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 56,934 SF |
| No. Rooms | 73 |
| No. Stories | 3 |
| Year Built/Renovated | 2004/2023 |
| Parking Ratio | 1.18/1,000 SF |
| Corridor | Interior |
| Zoning | None |
Amenities
- Balcony
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 26 | $124.00 | - |
| Guest Room | 47 | $109.00 | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R304439 | Improvements Assessment | $2,195,840 |
| Land Assessment | $479,160 | Total Assessment | $2,675,000 |
Property Taxes
Parcel Number
R304439
Land Assessment
$479,160
Improvements Assessment
$2,195,840
Total Assessment
$2,675,000
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