61-Room Hotel with Meeting
New
For Sale
$2,700,000
2803 W 2nd St, Roswell, NM 88201
Operating hospitality property with guest amenities, breakfast service, pool, and meeting facilities.
Property Size29,763 SF
Price / SF$90.72
Days on Market7
Property Features for 2803 W 2nd St
General Information
Standard status
Active
Size
29,763 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Utilities to Site
Yes
Sprinkler System
Yes
Amenities
vending machines
ice machines
laundry facilities
swimming pool
full breakfast room
coffee grab-and-go area
meeting room
microwaves and refrigerators in guest rooms
Building Details
Year Built
1963
Buildings
4
Listing Agency:
Berkshire Hathaway Home Services Enchanted Lands - Roswell
(575) 420-6542
Listed By:
Genalyn Outland · License #3017
Source:
Rivasrealestatenm
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 4 at 3:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Home Services Enchanted Lands - Roswell
Investment Insights
Based on property information with market context.
Established hotel property comprising 4 buildings and 61 total rooms, including 58 rentable guest rooms and 3 rooms currently used by staff. Guest rooms include microwaves, refrigerators, and fans. The property also features vending machines, ice machines, laundry facilities, a swimming pool with depths ranging from approximately 3 to 9 feet, a full breakfast room, and a coffee grab-and-go area.
The hotel includes a graveled front parking area with access for guests and commercial vehicles, as well as space in front of the hotel used to accommodate trucking companies. The Kokopelli meeting room has an approximate capacity of 100 people. A former full kitchen has been converted into additional storage space. Approximately 82% of customers are repeat guests or referrals from local businesses.
Windows were replaced approximately 6 years ago, and the roof was replaced approximately 8 years ago. The property includes gas and electric utilities, several 220-volt power connections, circulating pumps in the water heater system, an up-to-code fire suppression system, and ADA compliance under grandfathered provisions. A transferable franchise contract has approximately 4 to 5 years remaining. The hotel was built in 1963.
The hotel includes a graveled front parking area with access for guests and commercial vehicles, as well as space in front of the hotel used to accommodate trucking companies. The Kokopelli meeting room has an approximate capacity of 100 people. A former full kitchen has been converted into additional storage space. Approximately 82% of customers are repeat guests or referrals from local businesses.
Windows were replaced approximately 6 years ago, and the roof was replaced approximately 8 years ago. The property includes gas and electric utilities, several 220-volt power connections, circulating pumps in the water heater system, an up-to-code fire suppression system, and ADA compliance under grandfathered provisions. A transferable franchise contract has approximately 4 to 5 years remaining. The hotel was built in 1963.
Key Highlights
- 61 total rooms across 4 buildings, including 58 rentable guest rooms
- Kokopelli meeting room with an approximate capacity of 100 people
- Swimming pool with depths ranging from approximately 3 to 9 feet
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
Explore this area
Business Placement
Demographics for 88201, NM
26,471
Population
11,738
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
87%
High-School Grad
2,643.3 sq mi
ZIP Area
10
Density / Sq Mi
$62,752
Median Household Income
$36,935
Median Earnings
$957
Median Rent
$202,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Operating hospitality property with guest amenities, breakfast service, pool, and meeting facilities.
Where is this hotel located?
The property is located at 2803 W 2nd St Roswell, NM.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 61 total rooms across 4 buildings, including 58 rentable guest rooms; Kokopelli meeting room with an approximate capacity of 100 people; Swimming pool with depths ranging from approximately 3 to 9 feet
