26147 US Highway 70 - Hospitality FOR SALE


Ruidoso, NM 88345
$5,100,000 USD
602-648-2700
26147 US Highway 70, Ruidoso, NM for Sale
$5,100,000 USD
Hospitality - FOR SALE
1/20
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26147 US Highway 70
Ruidoso, NM 88345


HIGHLIGHTS

  • Recently Renovated with Minor Transfer PIP
  • Interior Corridor
  • 101.6 RevPar Index
  • Only Wyndham Property in Comp Set
  • Absentee Owned & Operated
  • Motivated Seller

OVERVIEW

NewGen Advisory is pleased to present the La Quinta Inn & Suites in Ruidoso, New Mexico to qualified investors. The interior corridor Wyndham brand was built in 2007 and has 63 guest rooms. Travelers on State Route 48 and 70 can enjoy the complimentary breakfast, business center, indoor pool, gym and more.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$162 USD /SF

# OF ROOMS

63

PRICE/ROOM

$80,952 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Quinta Inns & Suites Ruidoso Downs

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2007

PARKING SPACES

3

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

Commercial

APN/PARCEL ID

4075065069289000000

ASK ABOUT THIS PROPERTY

Ryan BodineNewGen AdvisoryMore Info
602-648-2700

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Ryan BodineNewGen AdvisoryMore Info
602-648-2700

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