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Off Market
1/10

251 Panorama Blvd
Alamogordo, NM 88310


HIGHLIGHTS

  • Priced Well Below Replacement Costs
  • Significant Opportunity For Revenue Growth With Considerable Upside Potential.
  • Financing Available to Qualified Buyers: Conventional Loan / SBA 7a / SBA 504
  • Ideal for Owner/Operator
  • Situated directly off Highway 70

OVERVIEW

Introducing the Motel 6 located in Alamogordo, New Mexico. The Motel 6 is a Two Story, 93-Unit, Limited Service, Exterior Corridor Hotel that sits on approximately 2 acres. The property is strategically positioned directly off Highway 70 and is in close proximity to local restaurants, the downtown area, and Holloman Air Force Base. The Motel 6 offers an array of amenities including a guest laundry facility, mini-fridges in select rooms, and free WiFi. The subject property presents an ideal opportunity for an owner/operator to increase revenues by optimizing the occupancy rate in comparison to the competitive set. The Motel 6 caters to a diverse clientele, attracting local patrons, destination visitors, military personnel, and transient highway travelers.

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

BUILDING DETAILS

PROPERTY NAME

Motel 6 Alamogordo, NM

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

28296

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1982

PARKING SPACES

131

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CS

APN/PARCEL ID

R018527