8231 W Amarillo Blvd | Amarillo, TX 79124
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8231 W Amarillo Blvd
Amarillo, TX 79124
Holiday Inn Amarillo West Medical Center · Hospitality Property For Sale · 83,748 SF
Investment Highlights
- Rare opportunity to acquire the 151-key Holiday Inn Amarillo West Medical Center, a high-quality, full-service hotel with significant upside.
- Investors can revitalize the operations, implement strategic cost-control initiatives, and employ aggressive sales and yield management strategies.
- Numerous restaurants adjacent and within walking distance of the Hotel.
- Ideally located along I-40, the Hotel garners significant transient demand from interstate travelers and visitors to the Amarillo Hospital District.
- Holiday Inn Amarillo West Medical Center is being offered below replacement cost and unencumbered by management.
- Amarillo is experiencing strong economic growth and is expecting nearly $2.5B in upcoming capital investments, which will create over 3,500 new jobs.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 83,748 SF |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2011 |
| Building Class | B | Parking Ratio | 2.46/1,000 SF |
| Lot Size | 4.55 AC | Corridor | Interior |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.55 AC |
| Building Size | 83,748 SF |
| No. Stories | 4 |
| Year Built | 2011 |
| Parking Ratio | 2.46/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Number | R-005-7540-0385-0 | Improvements Assessment | $6,010,812 |
| Land Assessment | $1,189,188 | Total Assessment | $7,200,000 |
PROPERTY TAXES
Parcel Number
R-005-7540-0385-0
Land Assessment
$1,189,188
Improvements Assessment
$6,010,812
Total Assessment
$7,200,000
zoning
| Zoning Code | HC |
| HC |
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