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    508 White Sands Blvd Alamogordo, NM 88310

    Sponsored
    For Sale
    $1,150,000

    28-Room Motel, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a 28-key motel situated on 0.46 acres at 508 S White Sands Blvd, Alamogordo, NM 88310. Built in 1957, the Economy Inn offers a unique blend of vintage charm and significant potential. The two-story building presents a canvas for renovation and repositioning, allowing for the creation of a boutique hotel, charming bed and breakfast, or other hospitality concept. Its location on bustling White Sands Boulevard ensures convenient access to local attractions, shopping, and dining, guaranteeing a consistent flow of potential guests. The asking price for this well-established property is $1,150,000. This property represents a compelling opportunity for investors seeking to capitalize on the thriving hospitality sector in Alamogordo, New Mexico. The property's central location and existing infrastructure provide a solid foundation for future success, offering a unique chance to shape the future of this established Alamogordo landmark. The 28 rooms provide immediate revenue potential, while the property's size and location offer significant upside for expansion or enhancement. This is a rare chance to acquire a well-positioned motel in a desirable New Mexico market.

    Property Features for 508 White Sands Blvd

    General Information

    Property type
    Motels

    HighLights

    • 28‑key motel on 0.46 acres in Alamogordo, NM.
    • Built in 1957, offering renovation potential.
    • Located on White Sands Boulevard with high traffic and visibility.
    • Asking price: $1,150,000.
    • Significant upside potential for repositioning and expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Economy Inn - Alamogordo Motel

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Alamogordo
    County
    Otero
    State
    New Mexico
    Longitude
    -105.9608764
    Latitude
    32.8850552

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    FAQs

    What type of property is this?
    Motel - 28-Room Motel, Prime Location
    Where is this motel located?
    The property is located at 508 White Sands Blvd Alamogordo, NM.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: 28-key motel on 0.46 acres in Alamogordo, NM.; Built in 1957, offering renovation potential.; Located on White Sands Boulevard with high traffic and visibility.
    Request Owner's contact information
    508 White Sands Blvd Alamogordo, NM 88310
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    Alamogordo, NM 88310
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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
    508 White Sands Blvd Alamogordo, NM 88310
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