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Staybridge Suites Lubbock 2515 19th St 82 Room Hotel Lubbock, TX 79410 $10,814,232 CAD ($131,881 CAD/Room)
INVESTMENT HIGHLIGHTS
- Since 2022, the hotel has averaged top-line rooms revenue of $2,060,000 (rounded).
- Per the HVS pro forma, the hotel’s stabilized rooms revenue is projected to exceed $2.4 million, with a NOI flow-through of $800,000 (rounded).
- The hotel is currently operated by a third-party management company with full staffing in place.
- Per the trailing-twelve-month (TTM) data through November 2025, the hotel earned $2,180,000 (rounded) in rooms revenue, leading to a $73 RevPAR.
- Upon franchisor approval and completion of the brand-mandated change-of-ownership PIP, investors can expect a new, 12-yr license agreement with IHG.
- Significant upside exists for a more hands-on owner/operator to restructure operations and implement cost controls.
EXECUTIVE SUMMARY
For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=154285
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 82-key Staybridge Suites Lubbock - University Area, an upscale, extended-stay hotel asset in Lubbock, Texas. Offered at a price below replacement cost, an investor should be able to turn around operations by revitalizing sales and marketing initiatives, recapturing the hotel’s competitive advantage, following the completion of the change-of-ownership property improvement plan (PIP).
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 82-key Staybridge Suites Lubbock - University Area, an upscale, extended-stay hotel asset in Lubbock, Texas. Offered at a price below replacement cost, an investor should be able to turn around operations by revitalizing sales and marketing initiatives, recapturing the hotel’s competitive advantage, following the completion of the change-of-ownership property improvement plan (PIP).
PROPERTY FACTS
| Price | $10,814,232 CAD | Building Size | 54,817 SF |
| Price Per Room | $131,881 CAD | No. Rooms | 82 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1999 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 4.81/1,000 SF |
| Lot Size | 2.17 AC | Corridor | Interior |
| Zoning | Apartment-Medical Distric - Commercial | ||
| Price | $10,814,232 CAD |
| Price Per Room | $131,881 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.17 AC |
| Building Size | 54,817 SF |
| No. Rooms | 82 |
| No. Stories | 2 |
| Year Built | 1999 |
| Tenancy | Single |
| Parking Ratio | 4.81/1,000 SF |
| Corridor | Interior |
| Zoning | Apartment-Medical Distric - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 82 | $167.76 CAD | - |
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | R37824 | Improvements Assessment | $6,557,267 CAD |
| Land Assessment | $523,176 CAD | Total Assessment | $7,080,444 CAD |
PROPERTY TAXES
Parcel Number
R37824
Land Assessment
$523,176 CAD
Improvements Assessment
$6,557,267 CAD
Total Assessment
$7,080,444 CAD
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Staybridge Suites Lubbock | 2515 19th St
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