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601 Avenue Q, Lubbock, TX 607 Avenue Q, Lubbock, TX
Baymont by Wyndham Lubbock - Downtown Hotel & Adjacent Restaurant
Asset ClassHotel & Hospitality
# Keys138
Square Feet: 50,645Parking Spaces: 99 SpacesYear Built: 1976Access Data Room
138 Room Hotel & Restaurant | Located in Opportunity Zone with Potential for Redevelopment
overview of deal

Overview

U.S. Bankruptcy Court Northern District of Texas (Lubbock) Petition No: 25-50333-bwo11 In re: Sai Bhole-Nath Hotels, Inc.

 

The Baymont by Wyndham Lubbock – Downtown Civic Center is a 138-room, two-story midscale hotel located in the central business district of Lubbock, Texas. Originally built in 1976, the property was renovated in 2021 and spans 50,645± SF across two parcels totaling 3.11± AC. The sale also includes the adjacent restaurant.

 

Currently operating under a franchise, the hotel features an on-site pool, business center, complimentary Wi-Fi, outdoor patios and 99 surface parking spaces.

 

Located within an urban Opportunity Zone, the property presents a compelling offering for investors and operators seeking continued hospitality use, valueadd repositioning or adaptive reuse. Its proximity to downtown Lubbock and major demand drivers, including Texas Tech University, supports a range of potential redevelopment scenarios, including student housing, multifamily residential, extendedstay accommodations or a mixed-use project, subject to zoning and municipal approvals.

 

Bids are due by August 18. On-site inspections will be held by appointment only.

Investment Highlights

Year Built
1976
Year Renovated
2021
Land
3.11 Acres
  • 138 keys under the Baymont by Wyndham flag; midscale class hotel
  • Downtown Central Business District location in a federal Opportunity Zone, near the Lubbock Memorial Civic Center, less than one mile from Texas Tech University & approximately 11 miles from Lubbock Preston Smith Intl. Airport
  • High-traffic Avenue Q frontage (19,550-29,769 VPD)
  • Potential for redevelopment to student housing, multifamily or mixed-use opportunities
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601 Avenue QLubbock, TX 79401
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