Hospitality

Ruidoso Downs, NM Hospitality Properties for Sale

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Ruidoso, NM Alto, NM Hagerman, NM Capitan, NM Lincoln, NM Cloudcroft, NM
Updated 21-Room Hotel
Updated: Jun 19
Updated 21-Room Hotel

26154 Us Highway 70, Ruidoso Downs, NM 88346

$899,000
5,000 sqft
21 guest rooms plus an attached 2‑bedroom apartment
5,000‑square‑foot lodging property
Room mix includes 8 one‑bed rooms, 12 two‑bed rooms, and 1 three‑bed room
Two‑bedroom apartment is located just off the lobby
Updated property held by the current owners for 15 years
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La Quinta Inn & Suites (Ruidoso Downs)
Updated: Jan 28, 2025
La Quinta Inn & Suites (Ruidoso Downs)

26147 U.S. 70, Ruidoso Downs, NM 88346

$5,100,000
31,500 sqft
Recently renovated with minor transfer PIP
Interior corridor
RevPar index: 101.6%
Only Wyndham property in comp set
Absentee owned & operated
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Ruidoso Downs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land with Motel Structure
Commercial Land with Motel Structure

1101 S White Sands Blvd, Alamogordo, NM 88310

$1,300,000
6,896 sqft 2.24 AC lot

Redevelopment site offers prominent main retail corridor frontage with an existing motel building for flexible hospitality or office uses.

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16-Unit Motel Redevelopment
16-Unit Motel Redevelopment

107 El Paso Road, Ruidoso, NM 88345

$990,000
0.99 AC lot

Motel property with office and management quarters, public water and sewer, and on-site parking.

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Redevelopment Lodge with 16 Units
Redevelopment Lodge with 16 Units

107 El Paso Road, Ruidoso, NM 88345

$990,000

Redevelopment-ready property with updated building systems and finish-to-suit options for hospitality, apartments, or office uses.

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Economy Inn Motel For Sale
Economy Inn Motel For Sale

508 S White Sands Blvd, Alamogordo, NM 88310

Contact for pricing

28-room motel in Alamogordo, NM with value-add potential.

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Off-Market Properties in Ruidoso Downs, NM

Consider similar Off-Market properties in Ruidoso Downs, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

26147 U.S. 70
Hotels

26147 U.S. 70, Ruidoso Downs, NM 88346

Estimated value:
$5,100,000
View details
26147 Us-70
Casinos

26147 Us-70, Ruidoso Downs, NM 88346

Estimated value:
by Request
1.50 AC lot
View details

Ruidoso Downs, NM Hospitality Properties Market Trends and Statistics

Explore 4 hospitality properties for sale in Ruidoso Downs, NM on our real estate platform. These investment opportunities span a total of 36,500 square feet of properties for sale, with an estimated market value of $5,999,000.

Sale prices for hospitality properties in Ruidoso Downs, NM start at $899,000, averaging $2,999,500, and reaching up to $5,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 3,087
Population Growth (5Y) +7.4%
Median Household Income $33,250
College Educated 14.9%

High-Yield Neighborhoods for Investment

Identify Ruidoso Downs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
88346 $3.7M

Taxes & Financing

Tax Rate (average for all types) 4.23%
Property Tax per SF $0.08 per SF
Tax Rate vs County Average 1.69 pp above county avg
Average Loan-to-Value 65.0%

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