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Ruidoso Hotel Investment Opportunity
For Sale
$5,100,000

26147 U.S 70, Ruidoso Downs, NM 88346

La Quinta Inn & Suites in Ruidoso, NM

Property Size31,500 SF
Price / SF$161.90
Days on Market581

Property Features for 26147 U.S 70

General Information

Standard status Active
Property type Hotels, Other hospitality properties, Other residential income properties, Hospitality properties, Residential income properties
Size 31,500 SF
Elevators N/A

Building Details

Year Built 2007
Buildings 1
Stories 3
Units 63
Listing Agency:
Listed By: Jigar “jay”
Added: Jan 28, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 63-room La Quinta Inn & Suites is located in Ruidoso, New Mexico. Constructed in 2007, the interior corridor hotel is situated along State Route 48 and 70. The property features a total building size of 31,500 square feet. Amenities include complimentary breakfast, a business center, an indoor pool, and a fitness center. Located in the Sierra Blanca Mountain range, Ruidoso is a 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 has a RevPar index of 101.6%. The property has recently undergone minor renovations as part of a PIP transfer.

Key Highlights

  • Recently renovated with minor transfer PIP
  • Interior corridor
  • RevPar index: 101.6%

Property Analytics

Current Use

Hotels

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 88346, NM

3,128
Population
1,673
Households
1.9
Avg Household Size
38
Median Age
9%
College-Educated
86%
High-School Grad
52.2 sq mi
ZIP Area
60
Density / Sq Mi
$33,250
Median Household Income
$22,648
Median Earnings
$826
Median Rent
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - La Quinta Inn & Suites in Ruidoso, NM
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: Recently renovated with minor transfer PIP; Interior corridor; RevPar index: 101.6%
More about this property
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