​​​​​​​Stable Historical Performance, Three-Year-Average Rooms Revenue of $2 Million

• Since 2022, the hotel has averaged top-line rooms revenue of $2,060,000 (rounded).

TTM Rooms Revenue of $2.18 Million

• Per the trailing-twelve-month (TTM) data through November 2025, the hotel earned $2,180,000 (rounded) in rooms revenue, leading to a $73 RevPAR.

Stabilized Rooms Revenue of $2.4+ Million Projected

• Per the HVS pro forma, the hotel’s stabilized rooms revenue is projected to exceed $2.4 million, with a net operating income (NOI) flow-through of $800,000 (rounded).

12-Year Staybridge Suites License Agreement Expected

• Upon franchisor approval and completion of the brand-mandated change-of-ownership PIP, investors can expect a new, 12-year license agreement with InterContinental Hotels Group (IHG).

• The PIP report has been ordered and is available in the virtual deal room (VDR).

Ideal Opportunity for Experienced Owner/Operator

• The 82-key count is considered an ideal size for an experienced owner/operator, offering a manageable platform to reposition operations post renovation and drive revenue and NOI flow-through growth.

Absentee Ownership with Third-Party Management

• The hotel is currently operated by a third-party management company with full staffing in place. Significant upside exists for a more hands-on owner/operator to restructure operations and implement cost controls.

• Per the profit-and-loss (P&L) statements from 2022 through 2024, the hotel averaged a gross operating profit (GOP) of 31.9%. Comparable operating statements for similar hotel assets indicate that the average GOP should be between 44.0% and 48.0%.

• Opportunities exist to reduce rooms expense and administrative & general (A&G) costs, particularly payroll, to strengthen cash flow.

Underperforming Asset with Upside Potential

• Per the November 2025 STR report, the hotel ranked fifth out of seven competitive hotels in terms of average daily rate (ADR) and RevPAR. 

• Following the brand-mandated renovation, an experienced operator will be able to implement aggressive sales strategies to improve occupancy and top-line performance.

Offered Below Replacement Cost

• This opportunity presents an investor with the ability to acquire the property at a price well below replacement cost.

• To construct a similar extended-stay hotel asset with comparable amenities, the estimated all-in investment would be a minimum of $150,000 per key.

Desirable Extended-Stay Hotel Operation

• Staybridge Suites by IHG is a leading upscale extended-stay brand, with proven resilience through economic cycles.

• The all-suite design promotes guest independence, reducing housekeeping costs and supporting higher profitability. This model enables strong GOP margins and NOI flow-through.

Expanding Local Economy

• Lubbock is rapidly emerging as a manufacturing hub in West Texas, supported by the Lubbock Economic Development Alliance (LEDA), which has driven over $2 billion in capital investment since 2004.

• Major projects include the following:

  • $670-million Controlled Environment Agriculture (CEA) facility by Plant Agricultural Systems (construction to begin in 2026, creating roughly 1,000 jobs)

  • $870-million Leprino Foods manufacturing plant (built in 2025, employing more than 600 people)

  • $50-million X FAB Silicon Foundries expansion (completed in 2024, creating approximately 150 jobs)

  • $57-million WL Plastics HDPE pipe facility (constructed in 2024, creating roughly 135 jobs)

Management Availability

• The hotel is offered free and clear of management encumbrances, providing an investor with the flexibility to revamp the operational strategies of the current operator.