This Property is no longer advertised on Showcase.com.
Off Market
1/22

1408 South Main St
Lordsburg, NM 88045


HIGHLIGHTS

  • Tremendous Upside to Increase Income and Reduce Expenses with On-Site Owner Operator
  • Conventional Loan Available to Qualified Buyers
  • Large Managers Quarters
  • Large Lot for Truck Parking
  • Located in an Opportunity Zone
  • Priced Less Than $22k/Unit

OVERVIEW

The Econo Lodge Lordsburg, New Mexico is a 40 unit, two story, exterior corridor hotel. This property is very well maintained and also features a very large 2 bedroom / 2 bathroom managers quarters on-site along with a large lot for truck parking. Currently held by an absentee owner located out of state, this property has a strong upside potential for a new owner and operator. With 40 units this property is ideal for an owner operator to improve operations to boost revenue and lower expenses. The Econo Lodge enjoys leisure, Interstate travel, Military, Border Patrol, and Union Pacific as the largest business generators as the property guests travel through California, Arizona, New Mexico, and Texas.

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

BUILDING DETAILS

PROPERTY NAME

Econo Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

31624

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1998

PARKING SPACES

75

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

3107133153188