128-Room Limited-Service
For Sale
Contact for pricing
2108 Coulter St S, Amarillo, TX 79106
128-room, three-story limited-service hotel built in 1986 with common amenities including a pool and guest laundry.
Property Size71,500 SF
Lot Size2.37 Acres
Days on Market120
Property Features for 2108 Coulter St S
General Information
Standard status
Active
Size
71,500 SF
Lot size
2.37 Acres
Property subtype
Hospitality
Additional Details
Business Included
Yes
Highway Access
Yes
Amenities
outdoor swimming pool
guest laundry facility
business center
breakfast area
Building Details
Year Built
1986
Stories
3
Listing Agency:
Marcus & Millichap - Austin
(972) 755-5302
Listed By:
Steve Swenholt · License #TX 629020
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 7:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Austin
Investment Insights
Based on property information with market context.
La Quinta Inn Amarillo West Medical Center is a Wyndham Hotels-branded, limited-service hotel with 128 rooms across three stories. Built in 1986, the property includes dual-corridor guest accommodations and approximately 71,500 square feet of interior space, along with common area amenities such as an outdoor swimming pool, guest laundry facility, business center, and breakfast area.
The hotel is located at 2108 S Coulter Street in Amarillo, Texas, just off Interstate 40.
In 2021, the hotel reported room revenue of over $1.64 million and an ideal net operating income flow-through of 31.8% of total revenue, equating to over $526.4 thousand after a four percent capital replacement reserve. The 2021 RevPAR penetration index was 90. Since 2016 (excluding the 2020 pandemic year), the hotel has averaged room revenues of over $1.465 million. The owners completed Phase 1 of the Wyndham-mandated Property Improvement Plan, with Phase 2 renovation remaining for new ownership (see broker for PIP details).
The hotel is located at 2108 S Coulter Street in Amarillo, Texas, just off Interstate 40.
In 2021, the hotel reported room revenue of over $1.64 million and an ideal net operating income flow-through of 31.8% of total revenue, equating to over $526.4 thousand after a four percent capital replacement reserve. The 2021 RevPAR penetration index was 90. Since 2016 (excluding the 2020 pandemic year), the hotel has averaged room revenues of over $1.465 million. The owners completed Phase 1 of the Wyndham-mandated Property Improvement Plan, with Phase 2 renovation remaining for new ownership (see broker for PIP details).
Key Highlights
- La Quinta Inn Amarillo West Medical Center at 2108 S Coulter St, Amarillo, TX, just off I‑40
- 128‑room, three‑story limited‑service hotel built in 1986 on 2.37 acres
- Approx. 71,500 SF with dual‑corridor layout and a Wyndham Hotels‑branded flag
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,406
Businesses Nearby
Explore this area
Business Placement
Demographics for 79106, TX
27,692
Population
13,385
Households
2.1
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
3,220
Density / Sq Mi
$54,407
Median Household Income
$36,061
Median Earnings
$995
Median Rent
$163,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 128-room, three-story limited-service hotel built in 1986 with common amenities including a pool and guest laundry.
Where is this hotel located?
The property is located at 2108 Coulter St S Amarillo, TX.
What are key features of this property?
This property features: La Quinta Inn Amarillo West Medical Center at 2108 S Coulter St, Amarillo, TX, just off I‑40; 128‑room, three‑story limited‑service hotel built in 1986 on 2.37 acres; Approx. 71,500 SF with dual‑corridor layout and a Wyndham Hotels‑branded flag
