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2515 19th St
Lubbock, TX 79410 Maxey Park

$7,800,000 USD

Hotel For Sale  •  54,817 SF

Property Details

  • Property Type Hotel
  • Total Building Size 54,817 SF
  • Lot Size 2.17 AC
  • Building Class B
  • Year Built 1999
  • Tenancy Single
  • Zoning Apartment-Medical Distric
40 Transit Score
72 Walk Score

Highlights

Since 2022, the hotel has averaged top-line rooms revenue of $2,060,000 (rounded).
Per the trailing-twelve-month (TTM) data through November 2025, the hotel earned $2,180,000 (rounded) in rooms revenue, leading to a $73 RevPAR.
Per the HVS pro forma, the hotel’s stabilized rooms revenue is projected to exceed $2.4 million, with a NOI flow-through of $800,000 (rounded).
Upon franchisor approval and completion of the brand-mandated change-of-ownership PIP, investors can expect a new, 12-yr license agreement with IHG.
The hotel is currently operated by a third-party management company with full staffing in place.
Significant upside exists for a more hands-on owner/operator to restructure operations and implement cost controls.

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Fully-Equipped Kitchen

Public Transportation

AirportDriveWalkDistance
Lubbock Preston Smith International 24 min - 12.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 200
Type: Surface
Included in Rent: Yes
James Rebullida 713-955-5580 HVS
James Rebullida 713-955-5580 HVS