6800 I-40 West, Building A & B Amarillo, TX 79106
- Hotels
Current Use by Public Records
- Hotels
Property Details for 6800 I-40 West, Building A & B
- Year built
- 1984
- Property type
- Hotels
- Property subtype
- Hospitality properties
Description
Devesh “Devo” Ragha with NewGen Advisory is pleased to present an exceptional investment opportunity at for the Red Roof & Home Towne Studios – Amarillo, TX. This impressive property features a 81,123 SF building with 120 modern units, perfectly suited for hospitality/economy investors. Built in 1984 and recently renovated in 2023, this property offers contemporary amenities and attractive accommodations. Zoned R, it provides flexibility for various potential uses. With its prime location in Amarillo, the Red Roof & Home Towne Studios – Amarillo affords investors the chance to tap into the burgeoning hospitality sector. Boasting a dual brand and strategically placed near the Medical District, Westgate Mall, and Historic Route 66, this investment promises abundant potential for growth and success. Location Description Discover the vibrant city of Amarillo surrounding the property, a prime location for the dual brand investment opportunity. Situated near popular attractions like Cadillac Ranch and the iconic Big Texan Steak Ranch, the area offers endless entertainment and dining options for guests. With its close proximity to Westgate Mall, medical centers, and major corporations, this location provides convenience and accessibility for business travelers and tourists alike. The thriving economy and bustling hospitality industry make this area an attractive choice for investors looking to capitalize on the dynamic growth of Amarillo.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- State
- Texas
- Longitude
- -101.881
- Latitude
- 35.1914
