La Quinta Inn & Suites by Wyndham El Paso | 7620 N Mesa St
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La Quinta Inn & Suites by Wyndham El Paso 7620 N Mesa St
103 Room Hotel El Paso, TX 79912 £4,583,900 (£44,504/Room) 10.04% Net Initial Yield
Investment Highlights
- 103 rooms arranged over 4 floors Interior corridors
- El Paso International Airport (ELP) - 18 min drive
- Renovated in 2008
Executive Summary
Introducing a prime investment opportunity: a 103-room hotel spanning across 4 floors, conveniently located for both business and leisure travelers. With interior corridors ensuring guest privacy and security, this property promises comfort and ease. Just an 18-minute drive from El Paso International Airport (ELP), guests enjoy seamless connectivity. For retail therapy, Sunland Park Mall is a mere 4-minute drive away, while excitement awaits at Sunland Park Racetrack and Casino, just 5 minutes by car.
Additionally, the vibrant Viva El Paso shows at McKelligon Canyon are within easy reach, a mere 12 miles away. Currently offered at an attractive Cap Rate, this investment opportunity is priced at $55,826 per room, making it an enticing prospect for savvy investors looking to capitalize on the thriving hospitality market. Don't miss out on this chance to own a slice of hospitality excellence in a bustling location.
Nestled in the heart of El Paso, our hotel offers convenient access to the city's key attractions and transportation hubs. Just 18 minutes from El Paso International Airport and 40 minutes from Ciudad Juarez Intl. Airport, travel couldn't be easier. Explore the area's rich history with a 10-minute drive to El Paso Union Depot or immerse yourself in retail therapy at Sunland Park Mall, only 4 minutes away.
Thrill-seekers will delight in nearby entertainment options like Sunland Park Racetrack and Casino and Western Playland Amusement Park, both within a 5-minute drive. With proximity to Fort Bliss and the University of Texas, our location blends convenience with comfort seamlessly.
Additionally, the vibrant Viva El Paso shows at McKelligon Canyon are within easy reach, a mere 12 miles away. Currently offered at an attractive Cap Rate, this investment opportunity is priced at $55,826 per room, making it an enticing prospect for savvy investors looking to capitalize on the thriving hospitality market. Don't miss out on this chance to own a slice of hospitality excellence in a bustling location.
Nestled in the heart of El Paso, our hotel offers convenient access to the city's key attractions and transportation hubs. Just 18 minutes from El Paso International Airport and 40 minutes from Ciudad Juarez Intl. Airport, travel couldn't be easier. Explore the area's rich history with a 10-minute drive to El Paso Union Depot or immerse yourself in retail therapy at Sunland Park Mall, only 4 minutes away.
Thrill-seekers will delight in nearby entertainment options like Sunland Park Racetrack and Casino and Western Playland Amusement Park, both within a 5-minute drive. With proximity to Fort Bliss and the University of Texas, our location blends convenience with comfort seamlessly.
Property Facts
| Price | £4,583,900 | Building Size | 51,560 SF |
| Price Per Room | £44,504 | No. Rooms | 103 |
| Sale Type | Investment | Number of Floors | 4 |
| Net Initial Yield | 10.04% | Year Built/Renovated | 1992/2008 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 2.15/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.68 AC |
| Price | £4,583,900 |
| Price Per Room | £44,504 |
| Sale Type | Investment |
| Net Initial Yield | 10.04% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.68 AC |
| Building Size | 51,560 SF |
| No. Rooms | 103 |
| Number of Floors | 4 |
| Year Built/Renovated | 1992/2008 |
| Tenancy | Single |
| Parking Ratio | 2.15/1,000 SF |
| Corridor | Interior |
Amenities
- Business Centre
- Pool
- High Speed Internet Access
- Patio
- Public Access Wi-Fi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 9 | £70.95 | - |
| Guest Room | 94 | £62.98 | - |
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PROPERTY TAXES
| Parcel Number | M327-999-0040-0175 | Improvements Assessment | £1,962,450 |
| Land Assessment | £469,010 | Total Assessment | £2,431,460 |
PROPERTY TAXES
Parcel Number
M327-999-0040-0175
Land Assessment
£469,010
Improvements Assessment
£1,962,450
Total Assessment
£2,431,460
zoning
| Zoning Code | C3S |
| C3S |
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La Quinta Inn & Suites by Wyndham El Paso | 7620 N Mesa St
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