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

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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.

PROPERTY FACTS

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 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R329386
Land Assessment
$991,061 CAD
Improvements Assessment
$10,665,044 CAD
Total Assessment
$11,656,105 CAD
  • Listing ID: 37971710

  • Date on Market: 2025-10-07

  • Last Updated:

  • Address: 6415 62nd St, Lubbock, TX 79424

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