Institutional Seller | Hampton Inn Lubbock

Investment Highlights

• Institutionally-Owned Hampton Inn: Opportunity to acquire an institutionally-owned, 80-room, Hampton Inn by Hilton that is located directly off South Loop 289, providing convenient access for business travelers, students, tourists, and those relocating to the Lubbock, Texas area.
• Premium Brand Advantage: This offering presents a unique opportunity to acquire a premium limited-service hotel bolstered by Hilton’s award-winning guest loyalty program Hilton Honors, with more than 200 million members globally.
• Management Upside: The Hampton Inn will be delivered unencumbered of management. Due to the current operator’s national scale and substantial allocation for corporate overhead, this project presents significant potential upside for a more hands-on operator through more focused revenue management strategies and reduction in corporate allocated expenses.
• Diverse Demand Base: The hotel is in proximity to the area’s top demand generators, including Texas Tech University, South Plains Mall, United Supermarkets Arena, UMC Health System, and the Buddy Holly Center. Thanks to its prime location, the hotel receives business from a diverse population of both corporate and leisure clientele.
• Strong College Market: Home to Texas Tech University, Texas Tech University Health Sciences Center, Lubbock Christian University, and a fast-growing community college, Lubbock County boasts more than 50,000 college students. Lubbock is the only city in the nation with a comprehensive university, a health sciences center, an agriculture college, and a law school in one location, making Texas Tech University the second largest contiguous university campus in the United States.

The Offering

CBRE Hotels, in conjunction with RealINSIGHT Marketplace, is pleased to offer the fee-simple interest in the Hampton Inn by Hilton in Lubbock, Texas. The property is located off South Loop 289, nestled among Texas Tech University, South Plains Mall, and United Supermarkets Arena, Lubbock Christian University, UMC Health System, and several restaurants and recreation area. This offering represents a unique opportunity to acquire a premium limited-service asset with significant potential and management upside.

 

Property Tours

Property tours are available on Tuesday, August 5th and Wednesday, August 6th by appointment only. Please reach out to Han Kim, Han.Kim@cbre.com, to schedule.