8231 W Amarillo Blvd | Amarillo, TX 79124
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- LoopNet Team
8231 W Amarillo Blvd
Amarillo, TX 79124
Holiday Inn Amarillo West Medical Center · Hospitality Property For Sale
·
83,748 SF
INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire the 151-key Holiday Inn Amarillo West Medical Center, a high-quality, full-service hotel with significant upside.
- Investors can revitalize the operations, implement strategic cost-control initiatives, and employ aggressive sales and yield management strategies.
- Numerous restaurants adjacent and within walking distance of the Hotel.
- Ideally located along I-40, the Hotel garners significant transient demand from interstate travelers and visitors to the Amarillo Hospital District.
- Holiday Inn Amarillo West Medical Center is being offered below replacement cost and unencumbered by management.
- Amarillo is experiencing strong economic growth and is expecting nearly $2.5B in upcoming capital investments, which will create over 3,500 new jobs.
PROPERTY FACTS
| Sale Condition | Auction Sale | Building Size | 83,748 SF |
| Type of Ownership | Fee Simple | No. Stories | 4 |
| Property Type | Hospitality | Year Built | 2011 |
| Property Subtype | Hotel | Parking Ratio | 2.46/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 4.55 AC | Parcel Number | R-005-7540-0385-0 |
| Zoning | HC | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.55 AC |
| Building Size | 83,748 SF |
| No. Stories | 4 |
| Year Built | 2011 |
| Parking Ratio | 2.46/1,000 SF |
| Corridor | Interior |
| Zoning | HC |
| Parcel Number | R-005-7540-0385-0 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
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