For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

6800 I-40 West, Building A & B Amarillo, TX 79106

For Sale
$5,000,000

120-Unit Hotel, Recently Renovated

Property size:
81,123 SF

Description

Added:
Jan 28, 2025
Days on Market:
322
This exceptional investment opportunity presents a fully renovated, 81,123 square foot dual-branded hotel (Red Roof & Home Towne Studios) in Amarillo, TX. The property boasts 120 modern units and is strategically located near the Medical District, Westgate Mall, and Historic Route 66, offering convenient access to major attractions, corporate centers, and medical facilities. Built in 1984 and completely renovated in 2023, the property offers contemporary amenities and attractive accommodations, catering to both business and leisure travelers. Its prime location in Amarillo, a city experiencing growth in the hospitality sector, provides significant potential for return on investment. The R-zoned property also presents flexibility for potential future uses. The property benefits from its proximity to popular attractions such as Cadillac Ranch and the Big Texan Steak Ranch, enhancing its appeal to tourists. Its location offers easy access for travelers between Albuquerque, Oklahoma City, Dallas, and Denver. The property's proximity to corporate conventions, schools, and sporting tournament events further enhances its potential for consistent occupancy and revenue generation. This is a rare opportunity to acquire a well-positioned, recently renovated hotel in a thriving Texas market. The asking price is $5,000,000.

Property Features for 6800 I-40 West, Building A & B

General Information

Property type
Hotels
Square Feet
81,123 SF
Price / Square Foot
$61
Elevators
N/A

Building Details

Year Built/Renovated
1984/2023
Buildings
1
Stories
2
Units
120

HighLights

  • 81,123 square foot building with 120 units.
  • Recently renovated in 2023, offering modern amenities.
  • Prime Amarillo location near medical district, Route 66, and Westgate Mall.
Property Profile Location Intelligence

Current Use by Public Records

Hotels

Map

City
Amarillo
State
Texas

FAQs

What type of property is this?
Hotel - 120-Unit Hotel, Recently Renovated
Where is this hotel located?
The property is located at 6800 I-40 West, Building A & B Amarillo, TX.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 81,123 square foot building with 120 units.; Recently renovated in 2023, offering modern amenities.; Prime Amarillo location near medical district, Route 66, and Westgate Mall.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message