Motel 6 Economy
3824 National Parks Highway, Carlsbad, NM 88220
For Sale
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The 77-room hotel completed its 2024 Motel 6 Property Improvement Plan, following renovations from 2023 through 2025.
Property SizeContact for details
Days on Market21
Property Features for 3824 National Parks Highway
General Information
Standard status
Property subtype
Net Operating Income
Financials
Asking Price
Cap Rate
Gross Income
Site & Location
Highway Access
Road Access
Additional Details
Currently Operating
Listing Agency:
Apex Lodging Advisors
Listed By:
Peter Agnoletti · License #02017350
Source:
Crexi
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 4:54PM
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 Apex Lodging Advisors
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Investment Insights
Based on property information with market context.
Motel 6 Carlsbad is a 77-room economy hotel at 3824 National Parks Highway in Carlsbad, New Mexico. Renovations took place between 2023 and 2025, and the 2024 Motel 6 Property Improvement Plan has been completed. Ownership indicates that no further PIP is currently required, subject to franchisor confirmation.
The hotel is near Carlsbad Caverns National Park, the Waste Isolation Pilot Plant (WIPP), and the Permian Basin energy sector. These nearby demand sources support a mix of corporate, workforce, government, and leisure travel. The property has outperformed its competitive set in occupancy, while its ADR is approximately 31% below competing properties.
The hotel is near Carlsbad Caverns National Park, the Waste Isolation Pilot Plant (WIPP), and the Permian Basin energy sector. These nearby demand sources support a mix of corporate, workforce, government, and leisure travel. The property has outperformed its competitive set in occupancy, while its ADR is approximately 31% below competing properties.
Key Highlights
- 77‑room Motel 6 economy hotel
- Located at 3824 National Parks Highway in Carlsbad, New Mexico
- Renovations completed between 2023 and 2025, including the 2024 Motel 6 Property Improvement Plan
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
159
Businesses Nearby
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Business Placement
Demographics for 88220, NM
40,762
Population
17,692
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
1,907.6 sq mi
ZIP Area
21
Density / Sq Mi
$79,668
Median Household Income
$45,302
Median Earnings
$1,218
Median Rent
$192,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - The 77-room hotel completed its 2024 Motel 6 Property Improvement Plan, following renovations from 2023 through 2025.
Where is this hotel located?
The property is located at 3824 National Parks Highway Carlsbad, NM.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 77‑room Motel 6 economy hotel; Located at 3824 National Parks Highway in Carlsbad, New Mexico; Renovations completed between 2023 and 2025, including the 2024 Motel 6 Property Improvement Plan
