Red Roof Inn Lubbock

162-Room Hotel Conversion Opportunity in Rapidly Growing Lubbock, TX

Acquire a large-scale, 162-room, 3-story interior corridor hotel in excellent physical condition, strategically located with direct access to Interstate 27 in Lubbock, Texas.

Key Investment Highlights:

• Size & Scale: At 162 rooms, this hotel offers significant scale in the robust Lubbock market.

• Ready for Rebrand: The previous Red Roof franchise was recently terminated, leaving the property available for conversion to a new flag (e.g., Wyndham dual-brand plan, or other preferred flag).

• Recent Upgrades: Despite being built in 1979, the hotel is in excellent condition. Rooms have been recently updated with LVT flooring, and the bathrooms and FF&E meet modern brand standards.

• Operational Upside: Generated $1,173,082 in revenue in 2023, even without a full-time owner on-site. Active on-site management and a new flag promise substantial revenue growth.

• Strong Market: Lubbock (Population $\approx 255,000$) is experiencing strong growth and is anchored by demand from Texas Tech University, Covenant Medical Center, and major event venues like the United Supermarkets Arena.

This offering provides an experienced investor the opportunity to reposition a large, updated asset in a high-demand university town.