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6789 Boeing Dr El Paso, TX 79925

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For Sale
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188-room hotel near El Paso airport. High ROI potential.

Property size:
82,427 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a 188-key Hawthorn Suites by Wyndham hotel located at 6789 Boeing Dr, El Paso, TX 79925. The property, built in 1994 and renovated in 2012, sits on a 154,817 sq ft lot and boasts 82,427 sq ft of space across three stories in one building. The hotel features 222 parking spaces and offers significant event space, perfect for weddings and other large gatherings. This leasehold property, with a ground lease expiring October 31, 2052 (28 years remaining), is situated in a prime location near the El Paso International Airport and major transportation routes, including Interstate 10. The property benefits from its proximity to key demand generators and a strong local economy within the growing Eastside neighborhood of El Paso, a city with a population exceeding 678,000 and part of a larger binational metropolitan area. The hotel's current performance demonstrates strong potential, with a year-to-date RevPAR of $66.66 and projected year-end revenue nearing $4.5 million, and an occupancy rate of nearly 66%. The property is free from debt and management ties, offering significant potential for increased revenue and reduced expenses. All due diligence documents are available upon proof of funds.

Property Features for 6789 Boeing Dr

General Information

Property type
Hotels
Square Feet
82,427 SF

Building Details

Year Built/Renovated
1994/2012
Buildings
1
Stories
3

Property Profile Location Intelligence

Current Use by Public Records

El Paso Psychic ... Psychic Hawthorn Extended Stay ... Hotel ATM Atm

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
El Paso
County
El Paso
State
Texas
Longitude
-106.3939331
Latitude
31.7925053

FAQs

What type of property is this?
Hotel - 188-room hotel near El Paso airport. High ROI potential.
Where is this hotel located?
The property is located at 6789 Boeing Dr El Paso, TX.
More about this property
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