Commercial Property for Sale in Lubbock Texas 79407
4521 Marsha Sharp Fwy W, Lubbock, Texas 79407
$3,800,000
Listed Dec 29, 2025
1979
Built
2
Stories
56
Units
Class B
Class
About this property
Commercial Property for Sale in Lubbock Texas 79407 is a lodging and hospitality for sale in Lubbock, Texas, listed at $3,800,000. Key details: year built 1979, stories 2, total units 56, building class Class B. Listed by Timothy Takao of Amber Hotel Company on LoopingCloud and last updated December 29, 2025.
56-Unit Franchised Hotel in Lubbock, TX: Ideal for Owner-Operator
Acquire a well-maintained, 56-unit, 2-story exterior corridor franchised hotel in Lubbock, Texas, with direct access to the TX-62 Freeway. This property is strategically located just minutes from Texas Tech University, Lubbock Preston H. Smith International Airport, and the Historic Depot District.
Key Investment Highlights:
-
Ideal for Owner-Operator: Features an exceptional 2-story manager's apartment located in the separate lobby building, including 4 bedrooms, 3 bathrooms, a living room, a kitchen, and a study room.
-
Strong Performance & Upside: Generated $814,398 in revenue in 2023. Given the current absentee ownership, there is clear opportunity for an on-site operator to increase profitability.
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Excellent Condition: Built in 1979, the property has been well-maintained and is in excellent condition.
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Market Strength: Lubbock (Population $\approx 255,000$) is a rapidly growing market (10% growth rate) anchored by powerful demand generators: Texas Tech University, Covenant Medical Center, University General Hospital, and major event venues like the United Supermarkets Arena.
This asset offers a high-quality property, built-in owner housing, and strong growth potential in a thriving university city.
Key highlights
- 56 Units
- 2 Story, Exterior Corridor Hotel
- Direct Access to TX-62 Freeway
- Extended Stay Rooms with Kitchenettes
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1979
- Stories
- 2
- Total Units
- 56
- Building Class
- Class B
- Heating & Cooling
- Heating and Cooling
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $3,800,000 | - | - | - | - |
Features and amenities
Highlights
- 56 Units
- 2 Story, Exterior Corridor Hotel
- Net Income $343,616 in 2023 and $333,267 in 2024
- Separate 4-Bedroom, 3-Bathroom Complete Manager's Apartment in Lobby Building - Perfect for Owner Operator
- Recently Updated Property: Seller Expects Minimal Remaining Items Required by Franchisor, with Flexibility to Change the Flag
- Direct Access to TX-62 Freeway
- Extended Stay Rooms with Kitchenettes
- Fantastic Location Just a Few Minutes from Texas Tech University and Lubbock Preston H. Smith International Airport
Location
Address as shown by the lister.
Get directionsAbout this area - Lubbock
- Population
- 17,262
- Housing units
- 7,564
- Land area
- 61.8 sq mi
- County
- Lubbock
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Frequently asked questions
What is the asking price of Commercial Property for Sale in Lubbock Texas 79407?
Commercial Property for Sale in Lubbock Texas 79407 is listed at $3,800,000.
Where is Commercial Property for Sale in Lubbock Texas 79407 located?
The property is in 4521 Marsha Sharp Fwy W, Lubbock, Texas 79407, Lubbock County.
What type of property is this?
This is a lodging and hospitality for sale in the commercial category.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Timothy Takao of Amber Hotel Company listed this property. Use the Request Info button to send a message or call (818) 851-3300.
When was this listing published?
It was published on December 29, 2025 and last updated on December 29, 2025.
Listing information
- Listing ID
- CL-Texas-27187
- Published
- Dec 29, 2025
- Last updated
- Dec 29, 2025
- Views
- 274
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