26147 U.S. 70 Ruidoso Downs, NM 88346

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.