4115 Marsha Sharp Fwy | Lubbock, TX 79407
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4115 Marsha Sharp Fwy
Lubbock, TX 79407
La Quinta Inn & Suites by Wyndham Lubbock · Hospitality Property For Sale · 106,562 SF
Investment Highlights
- Located directly off Highway 82 providing convenient access.
- In 2023, the La Quinta posted a net operating income (“NOI”) of approximately $1.1 million.
- The hotel is in excellent condition, requiring minimal capital improvements for a new ownership.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built/Renovated | 1985/2017 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.07 AC | Corridor | Interior |
| Building Size | 106,562 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.07 AC |
| Building Size | 106,562 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1985/2017 |
| Tenancy | Single |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | R59857 | Improvements Assessment | $5,465,156 |
| Land Assessment | $634,844 | Total Assessment | $6,100,000 |
PROPERTY TAXES
Parcel Number
R59857
Land Assessment
$634,844
Improvements Assessment
$5,465,156
Total Assessment
$6,100,000
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