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5006 Auburn St
Lubbock, TX 79416
La Quinta Inns & Suites Lubbock North · Hospitality Property For Sale · 136,455 SF
Investment Highlights
- Fee simple interest in the recently renovated 109-key La Quinta Inn & Suites Lubbock TX offered at a discount to replacement cost
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2006/2012 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.86 AC | Parking Ratio | 0.73/1,000 SF |
| Building Size | 136,455 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.86 AC |
| Building Size | 136,455 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2006/2012 |
| Tenancy | Single |
| Parking Ratio | 0.73/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
About 5006 Auburn St , Lubbock, TX 79416
Fee simple interest in the recently renovated 109-key La Quinta Inn & Suites Lubbock TX offered at a discount to replacement cost Property is offer via traditional sale with the Call for Offers scheduled for Wednesday, June 8th Offered unencumbered of management and debt with significant upside for a perspective buyer taking over a well maintained and cash flowing property Situated adjacent to and directly visible from TX-289 and just minutes from Texas Tech University Proximate to all broader demand including Texas Tech University, Covenant Health, University Medical Center and Texas Tech Health Sciences Opportune time to invest in the Lubbock MSA given the population is expected to grow at approximately six percent over the next five years
PROPERTY TAXES
| Parcel Number | R308806 | Improvements Assessment | $5,676,010 |
| Land Assessment | $623,990 | Total Assessment | $6,300,000 |
PROPERTY TAXES
zoning
| Zoning Code | C-3 |
| C-3 |
Learn More About Investing in Hospitality Properties
