for sale

Relax Inn

6030 I-40 West | Amarillo, TX 79106

Price:
$2,900,000
Number of Rooms:
92
Building Size:
27,525 SF
Lot Size:
1.53 AC
Year Built:
1980
Renovation Completed:
2023
Hotel Type:
Limited Service
Zoning:
HC

Investment Highlights

  • Includes a 3-bedroom manager’s apartment onsite
  • Proven track record in the hospitality/economy sector
  • Big city feels without the traffic
  • Located in a medical District and off the Historic Route 66
  • Equal distance from Albuquerque, Oklahoma City, Dallas, and Denver making it a great stopping point for those traveling to larger cities
  • In close proximity of multiple corporate conventions and school sporting tournament events
  • Renovation completed in 2023
  • Zoned HC for commercial use
  • Ample parking for guests and staff

Property Description

Introducing a prime investment opportunity with the Relax Inn – Amarillo, TX. This exceptional property boasts a 27,525 SF building with 92 units, ideally suited for a Hospitality/Economy investor. Built in 1980 and extensively renovated in 2023, this well-maintained asset offers a modern and attractive space for guests.

Zoned HC, it provides flexible usage options and potential for strong returns. Located in the prominent Amarillo area, Relax Inn – Amarillo presents an exceptional opportunity for investors looking to capitalize on the thriving Amarillo hospitality industry. 

Location Description

Amarillo’s unique blend of warm hospitality and thriving economy creates an attractive environment for business and leisure travelers alike. Nearby attractions such as the iconic Route 66, the renowned Cadillac Ranch, and the breathtaking Palo Duro Canyon State Park offer guests memorable experiences. Additionally, the proximity to the vibrant medical district provides added appeal, making the area a strategic choice for hospitality and economy investors seeking a dynamic market with diverse opportunities.

Share to Social

Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum. 

Devesh “Devo” Ragha
Associate
TX #758386
(806) 584-1454
dragha@newgenadv.com

BROKER OF RECORD

Bharat Patel-Vakil

NewGen Advisory TX, LLC

TX #512841

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