Hospitality

Ruidoso Downs, NM Hospitality Properties for Sale

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

26154 Us Highway 70, Ruidoso Downs, NM 88346

$750,000
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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2 active listings match your search: Hospitality for sale in Ruidoso Downs, NM. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities and 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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Hotel with Guest Cabins
Hotel with Guest Cabins

107, 113 Main Road, Ruidoso, NM 88345

$3,650,000
11,736 sqft

Separate cabins complement renovated guest suites, with office space and living quarters also on site.

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Boutique Inn and Hospitality Retreat
Boutique Inn and Hospitality Retreat

153 SAN PEDRO DR, Alamogordo, NM 88310

Contact for pricing
5,528 sqft 5.01 AC lot

Operating Southwestern-style inn with dining, commercial kitchen, indoor pool, and equestrian facilities on expansive grounds.

View details
17-Room Hotel with Courtyard
17-Room Hotel with Courtyard

615 Sudderth Dr, Ruidoso, NM 88345

$1,450,000

Hospitality property with private two-bedroom quarters and distinctive outdoor amenities for guest use.

View details

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 $5,850,000.

Sale prices for hospitality properties in Ruidoso Downs, NM start at $750,000, averaging $2,925,000, 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%

Listings Trend

New vs delisted commercial listings in Lincoln County

New Delisted

Total CRE Inventory on Market (SF)

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