1620 Interstate 40 E

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1620 Interstate 40 E

Amarillo, TX 79103
Asking Price
Contact for price
Asset Type
Hotel Hospitality
Class
Class B

What's Special

$27,804/key <ul><li>​107 fully built units → minimal structural conversion required</li><li>​Existing infrastructure supports:</li><li>​Extended stay model</li><li>​Workforce housing</li><li>​Traditional hotel operations</li><li>​Large unit count allows economies of scale immediately</li><li>​Strong visibility and accessibility</li><li>​Pool amenity adds value for both hospitality and residential use</li><li>​Turnkey FF&E already in place (huge capex savings)</li><li>​Traffic & Location: Located along a maj

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times