201 Schepps Blvd - Hospitality FOR SALE


Clovis, NM 88101
$5,475,000 USD
714-312-3934
201 Schepps Blvd, Clovis, NM for Sale
$5,475,000 USD
Hospitality - FOR SALE
1/21
null | Request Cap Rate

201 Schepps Blvd
Clovis, NM 88101


OVERVIEW

Investment Highlights -Priced to Sell at $5,475,000 -66-Unit, 3-Story Interior corridor, well maintained building located on 1-acre lot -2024 Revenues priced at 3.5x RRM with 10.9% Cap Rate! -15.9% Cash-on-Cash Return with current SBA market rates and 20% down -Prime Location with highway visibility along US-84 -Proximity to key attractions such as Canon Air Force Base and Curry County Events Center -Major Upcoming City Projects including Airport expansions, Road construction, Water Pipelines, and much more, boosting long-term growth potential

FOR SALE DETAILS

PRICE

$5,475,000 USD

PRICE/SF

$134 USD /SF

# OF ROOMS

66

PRICE/ROOM

$82,955 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Cannon AFB

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

45,076 SF

ZONING

Commercial

APN/PARCEL ID

121301032724600

ASK ABOUT THIS PROPERTY

Vijay HiraT & S Hotel AdvisorsMore Info
714-312-3934

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Vijay HiraT & S Hotel AdvisorsMore Info
714-312-3934

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.