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Residence Inn Lubbock Southwest 6415 62nd St 104 Room Hotel Lubbock, TX 79424 For Sale



INVESTMENT HIGHLIGHTS
- High Quality, Extended-Stay Asset
- High Growth Market with Limited New Supply
- Operational Upside
- Attractive Basis and Discount to Replacement Cost
EXECUTIVE SUMMARY
Hunter Hotel Advisors has been retained as the exclusive advisor to solicit offers to acquire the 104-room Residence Inn Lubbock Southwest (the “Hotel” or “Property”). Located directly off Highway 327, the fee-simple, institutional quality Hotel benefits from its proximity to the area’s premier educational, healthcare, corporate, and cultural demand drivers. Just 7 minutes from the Property is Texas Tech University, one of the largest universities in Texas with more than 40,000 students and a major anchor of the city’s economy. The University Medical Center, also located on campus, is a 500-bed teaching hospital employing 5,000 people and housing the only Level I Trauma Center in West Texas. Additional demand is driven by Lubbock Christian University, the semiconductor manufacturer X-FAB, and downtown cultural attractions including the $158 million Buddy Holly Hall of Performing Arts and Sciences.
The offering presents investors with the opportunity to acquire a well-located, extended-stay Residence Inn at a significant discount to replacement cost. The Hotel has consistently produced strong revenues, generating $3,198,820 in Total Revenue and $1,000,416 in NOI for the trailing twelve-month period ending August 2025. While in-place operations provide immediate returns, NOI margins currently trail extended-stay sector averages, offering a buyer significant upside through the implementation of a new management strategy.
The offering presents investors with the opportunity to acquire a well-located, extended-stay Residence Inn at a significant discount to replacement cost. The Hotel has consistently produced strong revenues, generating $3,198,820 in Total Revenue and $1,000,416 in NOI for the trailing twelve-month period ending August 2025. While in-place operations provide immediate returns, NOI margins currently trail extended-stay sector averages, offering a buyer significant upside through the implementation of a new management strategy.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 81,695 SF |
| Property Type | Hospitality | No. Rooms | 104 |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | B | Year Built | 2019 |
| Lot Size | 2.70 AC | Corridor | Interior |
| Zoning | IHC | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.70 AC |
| Building Size | 81,695 SF |
| No. Rooms | 104 |
| No. Stories | 4 |
| Year Built | 2019 |
| Corridor | Interior |
| Zoning | IHC |
AMENITIES
- Business Center
- Fitness Center
- Pool
- On-Site Retail
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 104 | $193.93 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | R329386 | Improvements Assessment | $10,665,044 CAD |
| Land Assessment | $991,061 CAD | Total Assessment | $11,656,105 CAD |
PROPERTY TAXES
Parcel Number
R329386
Land Assessment
$991,061 CAD
Improvements Assessment
$10,665,044 CAD
Total Assessment
$11,656,105 CAD
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Residence Inn Lubbock Southwest | 6415 62nd St
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