Ruidoso Hotel Investment
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 Market629
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
Listed By:
Jigar “jay” Desai
(520) 664-4091
Added: Jan 28, 2025
Changed: Mar 16
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Review the available facts, identify missing information and prepare questions for the agent.
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
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
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
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%
