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Executive Inn 4401 Avenue Q 20 Room Hotel Lubbock, TX 79412 $1,396,120 CAD ($69,806 CAD/Room)
Executive Summary
Take advantage of the opportunity to acquire the Executive Inn, a ±23,887 SF hospitality asset situated on approximately 1.85 acres along Avenue Q in Lubbock, Texas. Strategically positioned with strong visibility and convenient access to Interstate 27, the property benefits from proximity to Texas Tech University, downtown Lubbock, major employers, healthcare facilities, and regional transportation corridors. The property is currently improved as a motel/hotel asset and offers investors multiple paths to create value through operational improvements, repositioning, renovation, or redevelopment.
Property Facts
Amenities
- Public Access Wifi
About 4401 AVENUE Q , LUBBOCK, TX 79412
±23,887 SF hospitality asset on approximately 1.85 acres. Strategic location with access to Interstate 27, downtown Lubbock, and Texas Tech University. Value-add opportunity through renovation, operational improvements, repositioning, or redevelopment. Located in a growing market with projected population and household growth. Large site footprint allows flexibility for future commercial use and redevelopment potential.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 20 | $73.99 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R80355 | Improvements Assessment | $780,305 CAD |
| Land Assessment | $224,901 CAD | Total Assessment | $1,005,206 CAD |
Property Taxes
Parcel Number
R80355
Land Assessment
$224,901 CAD
Improvements Assessment
$780,305 CAD
Total Assessment
$1,005,206 CAD
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Executive Inn | 4401 Avenue Q
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