1426 Motel Dr Lordsburg, NM 88045
- Hospitality properties
- 1.98 lot acres
Current Use by Public Records
- Days Inn & Suites by Wyndham Lordsburg / Hotel / Inn
Property Details for 1426 Motel Dr
- Year built
- 1998
- Lot size
- 1.98 lot acres
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This exceptional investment opportunity presents the Days Inn & Suites Lordsburg, a 56-key hotel ideally situated at 1426 W Motel Dr, Lordsburg, NM 88045. Built in 1998, this two-story, single-building property sits on a 1.98-acre lot (APN: 3148680020020) and operates under a Commercial (CO) zoning permit. The hotel boasts a strong financial performance, with a current NOI of $156,000 and a pro-forma NOI of $160,000, translating to a current cap rate of 10.06% and a pro-forma cap rate of 10.32%. The asking price is $1,550,000, representing a price per key of $27,678.57. Guest amenities include 56 well-maintained rooms equipped with Wi-Fi, flat-screen TVs, mini-fridges, microwaves, and coffeemakers. Select rooms offer upgraded features such as living areas, kitchenettes, and soaking tubs. Further enhancing guest experience is an indoor heated pool and hot tub. This is a fee-simple sale, not subject to a ground lease. The property presents a compelling return on investment in the thriving hospitality sector of Hidalgo County, New Mexico. This is a rare opportunity to acquire a well-established and profitable hotel in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lordsburg
- County
- Hidalgo
- State
- New Mexico
- Longitude
- -108.737
- Latitude
- 32.3546
