For Sale $4,500,000
Property Type Other
Property Size 23,127 SF
Units 59
Lot Size 2.76 Acre
Parking Spaces Avail. 75
Year Built 1980
Year Renovated 2022
Date Updated May 2, 2024

Located off of Interstate 40 and Loop 335 on the east side of Amarillo just minutes from the Rick Husband International Airport (AMA).Jigar "Jay" Desai and Devesh "Devo" Ragha is pleased to announce the sale of the Super 8 by Wyndham Hotels in Amarillo, Texas. Great opportunity for a first time buyer and a great addition to any portfolio. This 60 unit interior corridor property, fully renovated in 2022, is located just minutes from Rick Husband International Airport (AMA) and Amazon Distribution Center of off Interstate 40 and Loop 335. Amarillo, Texas home of many landmarks such as the Palo Duro Canyon State Park, Cadillac Ranch, Star light Ranch Concert venue, come support our Minor League baseball team the Amarillo Sod Poodles, or try the challenge at the World famous Big Texan Steakhouse. Bucee's is also coming soon on the next exit of the hotel in fall of 2024. This thriving market has always done well over the years, with it's conventions, sporting tournaments, and transient travelers. With a population of just over 200,000 people, it is the perfect city for travelers to stay traveling from, Denver, Albuquerque, Dallas, and Oklahoma City. Great local restaurants and shopping, and breathe taking panhandle sunsets.

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Highlights

Prime location off of Interstate - 40 and Amarillo International Airport
Ideal for Hospitality / Economy investor seeking established property with close to 3 Acres of land
Zoned MF-3 Presenting Numerous Development Opportunities
SBA 7a, SBA 504, Conventional Loan Pre-Approved by Local Bank for Qualified Buyers
Major Capex Renovation Completed in 2022 - 2023 Showing Very Minimal to No-PIP for buyer

Contacts

Jigar "Jay" Desai

NewGen Advisory

(520) 664-4091

Location

Getting Around

Walk Score ®
28/100 Car-Dependent
Bike Score ®
33/100 Somewhat Bikeable

Map
Street

City Amarillo, TX
Neighborhood Amarillo Airport
Zip Code 79118
Market Amarillo

Points of Interest

Pilot

0.14 miles
Petro

0.17 miles
Toot'n Totum

0.18 miles
Phillips 66

0.89 miles
TA

1.00 miles
Exxon

1.03 miles
Love's

1.12 miles
Murphy USA

3.07 miles
Phillips 66

3.07 miles
Sam's Club

4.21 miles

Employee Parking

2.49 miles
Outdoor Parking

2.59 miles
Rick Husband Parking Garage

2.64 miles
Cell Phone Lot

2.69 miles
City of Amarillo Parking Garage

5.28 miles
paddock

9.36 miles

Super 8 by Wyndham Amarillo

0.01 miles
Knights Inn Amarillo Airport

0.08 miles
La Quinta Inn & Suites

0.54 miles
Holiday Inn Express & Suites

0.57 miles
Hampton

0.66 miles
Holiday Inn

0.66 miles
Home2 Suites

0.70 miles
Big Texan Motel

0.76 miles
Fairfield Inn & Suites Amarillo Airport

0.83 miles
Best Western Santa Fe

2.32 miles

The Big Texan Steak Ranch

0.81 miles
Buffalo Wild Wings

0.86 miles
El Charro

2.64 miles
Cafe Boulevard

2.67 miles
Whataburger

3.00 miles
McDonald's

3.07 miles
Chicken Express

3.11 miles
Donut Shop

3.11 miles
Pizza Hut

3.11 miles
Braum's

3.12 miles

Sunrise Elementary School

2.05 miles
Surprise School

2.05 miles
Humphreys Highland School

2.86 miles
Eastridge Elementary School

2.88 miles
Humphreys Highland Elementary School

2.91 miles
Oak Dale Elementary School

3.00 miles
Bowie Middle School

3.53 miles
Caprock High School

3.60 miles
Forest Hill Elementary School

3.72 miles
Lawndale Elementary School

3.76 miles

Children's Circle of Friends

6.74 miles

Frequently Asked Questions

What is the lease rate for Super 8 By Wyndham Amarillo East?

Rental asking rate at Super 8 By Wyndham Amarillo East is $2,250,000.00/YR.

What is the total square footage of Super 8 By Wyndham Amarillo East?

Super 8 By Wyndham Amarillo East totals 23,127 square feet.

When was this property built?

Super 8 By Wyndham Amarillo East was built in 1980.

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