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La Quinta Inns & Suites Ruidoso Downs 26147 US Highway 70

63 Room Hotel Ruidoso, NM 88345 £4,003,454 (£63,547/Room)

Investment Highlights

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

Executive Summary

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.

Property Facts

Price £4,003,454
Price Per Room £63,547
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.50 AC
Building Size 31,500 SF
No. Rooms 63
Number of Floors 3
Year Built 2007
Parking Ratio 0.1/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 14 £113.04 -
Guest Room 49 £85.56 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4075065069289000000
Land Assessment
£85,541
Improvements Assessment
£342,410
Total Assessment
£427,951

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 33667310

  • Date on Market: 28/10/2024

  • Last Updated:

  • Address: 26147 US Highway 70, Ruidoso, NM 88345

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