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26147 U.S. 70 Ruidoso Downs, NM 88346

For Sale
$5,100,000

Profitable Ruidoso, NM hotel for sale

Property size:
31,500 SF

Description

Added:
Jan 28, 2025
Days on Market:
312
This 63-room La Quinta Inn & Suites, located in Ruidoso, New Mexico, presents a compelling investment opportunity. Built in 2007, this interior corridor hotel boasts a prime location along State Route 48 and 70, offering convenient access for travelers. Amenities include a complimentary breakfast, business center, indoor pool, and fitness center. The property features a total building size of 31,500 square feet. Situated in the scenic Sierra Blanca Mountain range, Ruidoso is a popular mountain resort town known for its natural beauty and recreational opportunities, including proximity to the Lincoln National Forest, Ski Apache, and the Ruidoso Downs Race Track. The hotel benefits from a strong RevPar index of 101.6%, making it a standout in its competitive set as the only Wyndham-branded property. This absentee-owned and operated hotel is offered by a motivated seller, presenting a rare chance to acquire a well-established and profitable hospitality asset in a desirable location. The property has recently undergone minor renovations as part of a PIP transfer.

Property Features for 26147 U.S. 70

General Information

Property type
Hotels
Square Feet
31,500 SF
Price / Square Foot
$161
Elevators
N/A

Building Details

Year Built
2007
Buildings
1
Stories
3
Units
63

HighLights

  • 63‑room La Quinta Inn & Suites in Ruidoso, NM, seeking qualified investors.
  • Built in 2007, this Wyndham‑branded hotel offers amenities including an indoor pool and gym.
  • Located near popular attractions like Ruidoso Downs Race Track and Ski Apache.
Property Profile Location Intelligence

Current Use by Public Records

Hotels

Map

City
Ruidoso Downs
State
New Mexico

FAQs

What type of property is this?
Hotel - Profitable Ruidoso, NM hotel for sale
Where is this hotel located?
The property is located at 26147 U.S. 70 Ruidoso Downs, NM.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: 63-room La Quinta Inn & Suites in Ruidoso, NM, seeking qualified investors.; Built in 2007, this Wyndham-branded hotel offers amenities including an indoor pool and gym.; Located near popular attractions like Ruidoso Downs Race Track and Ski Apache.
More about this property
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