Investment Summary

• Mazili Hotel Group is pleased to offer the Hampton Inn and suites located in Lubbock, TX. The hotel consists of 80 rooms and suites. The hotel was built in 2008 and underwent a complete renovation in 2023. Hotel is located in the SW portion of Downtown Lubbock conveniently near the intersection of 289 Loop & Hwy 62, near the South Plains Mall and next to Homewood Suites and Best Western. Texas Tech University is an easy 5-10 min drive. Lubbock has a diverse economy rooted in manufacturing, agriculture, wholesale and retail trade services, with growing industries in education and health care Corporate Business: Companies like Tyco Fire Products, X-Fab Texas, Industrial Molding Corp. PYCO Industries and Sunstar Electric.

Investment Highlights

• Rooms: The hotel offers 24-hour business center and 666-square-foot meeting facility for corporate needs. free high-speed internet access, a desk and phone, pantry with a mini-fridge, coffee maker and microwave. all rooms come with living areas that are equipped with microwave, refrigerator, and free wired & wireless high-speed internet access.
• Amenities Onsite amenities include an indoor pool, a business center, a Fitness Center, and a grilling and cooking area outside in a patio setting.
• Dining: The Hampton Inn & Suites is located in a vibrant area with plenty of cuisine choices, including chain restaurants, authentic cuisine and fast food restuarants. Free continental breakfast is offered to daily guests daily with a variety of healthy choices.
• Meeting Space The Hampton Inn & Suites offers guests meeting space which can accommodate up to 400 guests.

Investment Consideration

• Debt & Management: The hotel is cuurently managed by the current ownership management team, however it is offered unencumbered by debt and management.
• Property Improvement Plan: As is a custom for change of ownership, the franchise may require a change of ownership PIP. however, given that the hotel was completely renovated in 2023, we do not anticipate any pip upon the sale of the asset.
• The Franchise: Hilton’s Hampton Inn & Suites brand is one of the strongest brands in the Hilton family. All Hilton properties are backed by the Hilton Honors reward program, which boasts over 128 million members across 18 brands and more than 6,500 hotels worldwide. The Hilton franchise license provides a worldwide recognition, an excellent computerized reservation system, Hilton Performance Advantage. The program an integrated system of innovative solutions and advanced technologies that work together to drive increased business and keep costs down, without compromising quality. These services provide access to the latest tools, technologies, forward-thinking strategies, and the most influential people in the industry to create an unrivaled competitive advantage