For Sale Commercial Real Estate Listings in Amarillo, Texas
FOR SALE * $11,250,000 * Hotel * Amarillo, Texas * Full Listing
Marcus & Millichap Hospitality Group is proud to present Homewood
Suites by Hilton in Amarillo, Texas. The hotel is exquisitely decorated
with French-European furnishings, cathedral ceilings (which are
enhanced with a Bose sound system), and tasteful artwork throughout
the entire property. Homewood Suites Amarillo is ideally located on
Interstate 40, immediately west of Interstate 27 and the hospital
district/central business district of Amarillo.
The property was recently constructed in 2004 and is a high quality, 92-
room, upscale all-suite hotel. The property supports a long list of
amenities such as an outdoor heated swimming pool, business center,
fitness center, two meeting rooms, a basketball court, and a relaxing
outdoor leisure area equipped with two barbecue grills, a gorgeous 13
foot water fountain and a cozy, stone fireplace.
This is an excellent opportunity for an investor to own one of the
premier all-suite hotel brands and be a part of The Hilton...
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FOR SALE * $8,348,936 * Retail * Amarillo, Texas * Full Listing
MARKET AREA:
Gander Mountain sits at the corner of I-40 and Helium Road in Amarillo, TX, the center of the Texas Panhandle. The property is approximately 1 mile west of the Westgate Mall. The Westgate Mall is a 883,000 sf, 110-store regional shopping center anchored by Sear’s, Dillard’s, JC Penney, and Bealls. It is the only major mall in the northern Texas panhandle, with the closest competition a distant 125 miles away, and therefore has a large market reach extending into New Mexico, Oklahoma, Colorado and Kansas. The mall originally opened in 1982 but was recently renovated in 2007.
Of the 27 Texas metropolitan statistical areas, Amarillo was ranked as the second lowest city for unemployment in 2006 and the creation of more than 5,000 jobs in Amarillo turned 2006 into a record year for home sales
In 2006, the city of Amarillo issued its second highest dollar figure, $387.2 million, in new construction and residential construction - the largest year in history...
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