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2100 S COULTER ST Amarillo TX 79106-2514

[Locked] • APN 213795

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Details
Property Type Hospitality
Sub Type Hotel
Building SqFt 43,992
Lot SqFt 95,083
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code HC
Year Built 1985
Building Count 1
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******

Property History

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Property Type
Property Type
Hospitality
Property Subtype
Hotel
Marketing Description

Enhance Your Guest's Experience at Executive Inn With the Vibrant Attractions in Amarillo, Tx. Situated Within Reach of Iconic Destinations Like the Renowned Cadillac Ranch, Visitors Can Bask in the Artistry of This Unique Roadside Landmark. the Nearby Palo Duro Canyon State Park Offers a Wealth of Outdoor Adventures, Including Hiking, Sightseeing, and More. Additionally, the Area Boasts Proximity to Prominent Hospitals Like Bsa Hospital, Northwest Hospital, Bsa Cancer Center, and the Va Hospital, Ensuring Convenient Access to Healthcare Services. Guests Can Also Indulge in Retail Therapy at Westgate Mall or Savor Diverse Culinary Delights at the Nearby Restaurants. the Property Offers Kitchenette Rooms, Providing Added Convenience for Extended Stays, and Enriching the Stay With the Diverse Allure of Amarillo. Historical average of over 1m, priced at 3.5X.


Investment Highlights
  • Big City Feels Without the Traffic

  • Equal Distance From Albuquerque, Oklahoma City, Dallas, and Denver Making It a Great Stopping Point for Those Travelling to Larger Cities

  • Multiple Corporate Conventions and Schools Sporting Tournaments

  • Located in the Medical District and Off Historic Route 66

  • Offering Rooms With Kitchenettes

  • Manager's Apartment for on-site Management

  • Potential to Franchise

  • Renovated in 2023 for Modern Appeal

  • Zoned Hc for Flexible Use

  • Excellent Investment Opportunity in Growing Market

  • 3.5X GRM

Property Type
Property Type
Hospitality
Property Subtype
Hotel
Marketing Description

Executive Inn is an exceptional investment opportunity located at 2100 S Coulter St in Amarillo, TX. This well-maintained property features 109 spacious rooms on 2.19 acres of land, offering a lucrative potential for future growth and profitability. Built in 1985, Executive Inn boasts a prime location with easy access to major highways and popular attractions. With a strong demographic profile, including a projected population of over 138,000 within a 5-mile radius, this property presents a promising investment in an affluent area. The financial summary highlights the attractive price of $4,300,000, equating to a desirable price per key of $39,450. The surrounding area showcases a healthy median household income of $63,377, ensuring a stable customer base for the hotel. With exceptional amenities and services, including well-appointed rooms, ample parking, and convenient access to local dining and entertainment options, Executive Inn is an enticing opportunity for potential investors or operators seeking a well-established property with significant earning potential. Don't miss out on this exclusive offering. Take advantage of this rare opportunity to acquire Executive Inn in Amarillo, TX. Contact us today for more information and to arrange a private viewing.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
SM
Silvestre Madrigal Jr. PRO
•••.•••.5118
•roup@•••••••••••.com
Brokerage logo
Sold on
 BY:
DR
Devesh Ragha PRO
•••.•••.1454
••agha@•••••••••.com
Brokerage logo

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