909 66th St | Lubbock, TX 79412
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- LoopNet Team
909 66th St
Lubbock, TX 79412
Motel 6 & Studio 6 Lubbock, TX · Hospitality Property For Sale
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22,572 SF
INVESTMENT HIGHLIGHTS
- Dual Branded Hotel with 171 Units - 122 Motel 6 and 49 Studio 6
- 2023 Room Revenue: $1,496,141
- Offered at a 3.3x Multiplier of the 2023 Room Revenue
- Priced to sell at $28,947 per key
- Studio 6 opened Jan 2024 with rooms continuing to be added to inventory
- 10th largest city in Texas with Population of 266,873
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1979/2023 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.99 AC | Parking Ratio | 8.86/1,000 SF |
| Building Size | 22,572 SF | Corridor | Exterior |
| Zoning | F1 - Motel | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.99 AC |
| Building Size | 22,572 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2023 |
| Tenancy | Single |
| Parking Ratio | 8.86/1,000 SF |
| Corridor | Exterior |
| Zoning | F1 - Motel |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | R45716 | Improvements Assessment | $4,339,564 |
| Land Assessment | $260,436 | Total Assessment | $4,600,000 |
PROPERTY TAXES
Parcel Number
R45716
Land Assessment
$260,436
Improvements Assessment
$4,339,564
Total Assessment
$4,600,000
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