- For Sale Contact for pricing
- Property Type Multi-Family
- Property Size 48,186 SF
- Units 104
- Lot Size 3.29 Acre
- Year Built 1968
- Year Renovated 2005
- Date Updated May 27, 2026
Description
Located along East Interstate 40 in Amarillo, TX within Potter County, adjacent to major highway access.Exceptional Value-Add Real Estate Opportunity Along the High-Traffic I-40 Corridor!2915 E IH 40, Amarillo, TX 79104-3503 represents a premier investment or leasing opportunity featuring an expansive, limited-service hospitality asset situated on 3.29 premium acres. Offering unrivaled visibility with direct I-40 frontage, this massive 48,186-square-foot facility comprises 104 guest rooms (including manager accommodations) and is primed for a complete repositioning, renovation, or full alternative-use redevelopment.Flexible Acquisition OptionsFor Lease: Only $5,000 per month—an incredibly low-cost basis to secure a footprint of this magnitude on a major interstate.For Sale: Open and subject to offers, providing a clean-slate opportunity for visionary buyers looking to capitalize on the booming Texas Panhandle market.Property Highlights & On-Site Amenities104 Guest Rooms: Well-proportioned, two-story exterior-corridor configuration ideal for budget lodging, extended-stay models, or corporate housing.Event & Banquet Space: Approximately 5,643 square feet of flexible meeting space, perfect for hosting weddings, conferences, or private events.Food & Beverage Ready: Built-in, full-service restaurant area complete with a commercial kitchen, bar, and lounge area.Abundant Parking: Features 160 dedicated on-site parking spaces, easily accommodating large buses, semi-trucks, and a high volume of guests.Unmatched Location & Market DriversHigh-Visibility Frontage: Positioned directly on Interstate 40, capturing thousands of travelers, logistics fleets, and tourists daily.Proximity to Key Attractions: Walking distance to the American Quarter Horse Association Hall of Fame and minutes from the Tri-State Exposition and downtown Amarillo.Thriving Regional Hub: Amarillo serves as the economic core of the Texas Panhandle, fueled by robust logistics, manufacturing, healthcare, and tourism sectors.
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Contacts
Deeter Prater
Llano Realty
Location
Located at 2915 East Interstate 40, Amarillo, TX 79104, this property is part of the Dumas Junction neighborhood and Amarillo market.
Contact Listing Broker
Deeter Prater
Llano Realty