602-363-9589
2224 N White Sands Blvd, Alamogordo, NM for Sale
Hospitality - FOR SALE
1/14
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2224 N White Sands Blvd
Alamogordo, NM 88310


HIGHLIGHTS

  • 35 units, two-story, exterior corridor
  • Prime opportunity for owner-operator and first-time owners
  • Spacious living quarters on-site (4bed, 4 bath, kitchen and living room)
  • Independent hotel | freshly renovated
  • Motivated seller | bring all offers in writing

OVERVIEW

Property Description Suraj Rama and Jigar "Jay" Desai of NewGen Advisory are proud to present the Satellite Inn located in Alamogordo, NM, for sale. This economy-class hotel, built in 1971 and renovated in 2019, operates independently and sits on approximately 0.91 acres of commercially zoned land. The Satellite Inn features 35 rooms across two stories with a gross building area of 15,524 square feet, maintaining a typical floor size of 7,762 square feet. Each room benefits from exterior corridors, and the hotel's construction is primarily masonry, enhancing its durability and appeal. The property offers ample parking with a ratio of 1.11 spaces per room across 39 surface spaces. Located in a small metro/town setting, Alamogordo, NM, is a community known for its proximity to tourist attractions such as the White Sands National Monument and the New Mexico Museum of Space History, making it an appealing destination for both leisure and business travelers. Location Description Located in the Tularosa Basin of the Chihuahuan Desert, Alamogordo, NM, is known for its connections to aerospace and the military, particularly through Holloman Air Force Base and the nearby White Sands Missile Range. As the gateway to the unique White Sands National Park, the city attracts nature enthusiasts and offers a range of attractions, from the New Mexico Museum of Space History to the Alameda Park Zoo. Alamogordo continues to evolve with several exciting developments aimed at enhancing its appeal to tourists.

FOR SALE DETAILS

PRICE

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# OF ROOMS

35

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Satellite Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1971

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

Comm/Indus

APN/PARCEL ID

R015832

ASK ABOUT THIS PROPERTY

Suraj RamaNewGen AdvisoryMore Info
602-363-9589

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602-363-9589

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