Embassy Suites Lubbock, TX

Listing Agents

Kami Burnette
T | 512.574.1786
kburnette@paramountlodging.com

Mason McDavid
T | 512.543.4653
mmcdavid@paramountlodging.com

Detailed Information
Property Highlights
  • Fee simple interest in the receiver-controlled and managed 156-key Embassy Suites by Hilton Lubbock TX offered at a substantial discount to replacement cost
  • Property is for sale in the December 15th auction event on the Ten-X platform
  • Offered unencumbered of management and debt with significant upside for a perspective buyer transitioning from third-party management to an owner/operator model
  • Buyer optionality includes contacting Hilton to discuss potential term extension, rebranding to an alternative flag or potentially convert to an alternative use
  • Situated adjacent to and directly visible from TX-289 with more than 84,000 vehicles passing the location daily
  • Proximate to all broader demand including Texas Tech University, Covenant Health, University Medical Center and Texas Tech Health Sciences
  • Opportune time to be investing in Lubbock, the second largest city west of Dallas Fort Worth, home to Texas Tech University where enrollment eclipsed 40,000 students in 2021 and a favorable tax climate that will continue to incentivize growth and diversification during the economic recovery
Location