Hilco Real Estate has brought a 138-room Lubbock hotel to market through a bankruptcy sale, highlighting the appeal of assets with operational and redevelopment options.
Hilco Real Estate, LLC has brought the Baymont by Wyndham Lubbock – Downtown Civic Center to market through a bankruptcy sale, offering a 138-room hotel in downtown Lubbock, Texas. The two-storey property is located at 601 Avenue Q within the city’s Opportunity Zone and is being presented as both an operating hospitality asset and a potential redevelopment site. The announcement illustrates how distressed-property sales can package immediate use with longer-term flexibility for prospective buyers.
Built in 1976 and renovated in 2021, the hotel spans approximately 50,645 square feet across two parcels totalling 3.11 acres. It includes an adjacent restaurant and currently operates under the Baymont by Wyndham franchise. On-site features listed by Hilco include an outdoor pool, business centre, complimentary Wi-Fi, outdoor gathering areas, pet-friendly accommodation, accessible amenities and 99 surface parking spaces.
The property is positioned near several of Lubbock’s principal event and institutional destinations, including Jones AT&T Stadium, United Supermarkets Arena, the Lubbock Memorial Civic Center, Buddy Holly Hall of Performing Arts and Sciences and Lonestar Amphitheater. Hilco’s release also points to Texas Tech University, which it said recorded enrolment of 42,455 students in 2025, as well as the city’s role in healthcare, regional commerce, tourism and entertainment. Visit Lubbock has reported 2.86 million visitors and $297 million in direct economic impact since 2004.
Hilco said the hotel’s Avenue Q frontage provides visibility within Lubbock’s urban core, with the road carrying approximately 21,739 vehicles per day. The release said the surrounding three-mile trade area contains approximately 70,779 residents, while the broader Lubbock market includes more than 264,000 people. It also identifies the property as suitable for continued hotel operation, student housing, multifamily use or a mixed-use project, although those possibilities remain prospective rather than established outcomes.
The sale is subject to approval by the U.S. Bankruptcy Court for the Northern District of Texas in Lubbock, in the matter of Sai Bhole-Nath Hotels, Inc., Bankruptcy Petition No. 25-50333-bwo11. Hilco reported that bids were due by August 18, 2026, under an approved purchase and sale agreement, with due-diligence materials available through its real estate sales website. For Hilco Global, the offering places a single distressed hotel within a broader real-estate advisory business focused on helping clients address complex property situations while preserving several possible paths for a future buyer.
