2915 East Interstate 40

Property feature image
Address: 2915 E Interstate 40 Hwy, Amarillo, TX 79104, USA
Texas + Apartment Buildings
Created date: May 26, 2026
Date last updated: May 27, 2026
  • For Sale or Lease

Property Description

Exceptional Value-Add Real Estate Opportunity Along the High-Traffic I-40 Corridor!2915 E IH 40, Amarillo, TX 79104-3503 represents a premier investment or leasing opportunity featuring an expansive, limited-service hospitality asset situated on 3.29 premium acres. Offering unrivaled visibility with direct I-40 frontage, this massive 48,186-square-foot facility comprises 104 guest rooms (including manager accommodations) and is primed for a complete repositioning, renovation, or full alternative-use redevelopment.Flexible Acquisition OptionsFor Lease: Only $5,000 per month—an incredibly low-cost basis to secure a footprint of this magnitude on a major interstate.For Sale: Open and subject to offers, providing a clean-slate opportunity for visionary buyers looking to capitalize on the booming Texas Panhandle market.Property Highlights & On-Site Amenities104 Guest Rooms: Well-proportioned, two-story exterior-corridor configuration ideal for budget lodging, extended-stay models, or corporate housing.Event & Banquet Space: Approximately 5,643 square feet of flexible meeting space, perfect for hosting weddings, conferences, or private events.Food & Beverage Ready: Built-in, full-service restaurant area complete with a commercial kitchen, bar, and lounge area.Abundant Parking: Features 160 dedicated on-site parking spaces, easily accommodating large buses, semi-trucks, and a high volume of guests.Unmatched Location & Market DriversHigh-Visibility Frontage: Positioned directly on Interstate 40, capturing thousands of travelers, logistics fleets, and tourists daily.Proximity to Key Attractions: Walking distance to the American Quarter Horse Association Hall of Fame and minutes from the Tri-State Exposition and downtown Amarillo.Thriving Regional Hub: Amarillo serves as the economic core of the Texas Panhandle, fueled by robust logistics, manufacturing, healthcare, and tourism sectors.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 104
Year Built: 1968
Lot Size: 3.29 Acres
Opportunity Zone: No
Property Website Click Here
Address: 2915 East Interstate 40, Amarillo, TX 79104, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

504 Rhode Island Street

Killeen, Texas
Texas + Apartment Buildings
Price: $119,900

711 4th Street

Eddy, Texas
Texas + Apartment Buildings
Units: 1
Price: $374,900

6950 LAKEVIEW DR

San Antonio, Texas
Texas + Apartment Buildings
Price: $369,500

Brokers

View All

Lenders

View All