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    6645 Gateway Blvd El Paso, TX 79925

    Sponsored
    For Sale
    Contact for pricing

    102-Room Hotel, Fully Renovated, High ROI

    Property size:
    52,888 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This fee-simple, 102-key Comfort Inn & Suites in El Paso, Texas, presents a compelling investment opportunity. The 52,888-square-foot, three-story hotel, situated on a 65,340-square-foot lot, underwent a complete renovation in 2024, eliminating any future PIP requirements. Built in 1963, this property boasts a prime location in El Paso County, at 6645 Gateway Blvd W, zip code 79925, near major transportation routes (Interstate 10 and Loop 375), shopping centers (The Fountains at Farah and Cielo Vista Mall), and medical facilities (Del Sol Medical Center and Hospitals of Providence East Campus). The hotel features amenities such as a fitness center and meeting space, designed to maximize guest satisfaction and profitability. Currently operating at nearly 80% occupancy, the property boasts a year-to-date RevPAR of $75.84 and projected year-end revenue nearing $2.8 million. This thriving El Paso location, within a rapidly growing area with a diverse population and strong local economy, offers significant potential for increased revenue and return on investment. The property is debt-free and unburdened by management contracts. All due diligence documents are available upon request with proof of funds.

    Property Features for 6645 Gateway Blvd

    General Information

    Property type
    Hotels
    Square Feet
    52,888 SF

    Building Details

    Year Built/Renovated
    1963/2024
    Buildings
    1
    Stories
    3

    HighLights

    • El Paso, TX, is a major US city (pop. 678,815), strategically located on the US‑Mexico border, offering a large bilingual workforce.
    • The property enjoys a prime Eastside El Paso location in a high‑growth area with a diverse population and strong local economy.
    • Nearby shopping destinations include The Fountains at Farah and Cielo Vista Mall.
    • Major medical facilities, such as Del Sol Medical Center and Hospitals of Providence East Campus, are conveniently located nearby.
    • Excellent access to Interstate 10 and Loop 375 provides high visibility and convenient commutes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Comfort Inn & Suites ... Hotel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.3940491
    Latitude
    31.7803392

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    FAQs

    What type of property is this?
    Hotel - 102-Room Hotel, Fully Renovated, High ROI
    Where is this hotel located?
    The property is located at 6645 Gateway Blvd El Paso, TX.
    What are key features of this property?
    This property features: El Paso, TX, is a major US city (pop. 678,815), strategically located on the US-Mexico border, offering a large bilingual workforce.; The property enjoys a prime Eastside El Paso location in a high-growth area with a diverse population and strong local economy.; Nearby shopping destinations include The Fountains at Farah and Cielo Vista Mall.
    Request Owner's contact information
    6645 Gateway Blvd El Paso, TX 79925
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    El Paso, TX 79925
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6645 Gateway Blvd El Paso, TX 79925
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