Property summary
This exceptional investment opportunity presents the fee-simple ownership of the La Quinta Inn & Suites by Wyndham in Ruidoso Downs, New Mexico. This 63-key hotel, built in 2007 and extensively renovated in 2023, boasts a prime location along US-70, attracting travelers on State Route 48 and 70. The property features an interior corridor design, offering guests convenient access to amenities including a complimentary breakfast, business center, indoor pool, and fitness center. The hotel sits… on a 1.5-acre lot and is a three-story building. With a current occupancy rate of 54%, projected to reach full occupancy by October 30, 2024, this property generates a substantial net operating income (NOI) of $539,300, resulting in an attractive 10.57% capitalization rate. The asking price is $5,100,000. Ruidoso Downs, nestled in the Sierra Blanca Mountain range, is a popular tourist destination known for its natural beauty, recreational opportunities, and proximity to the Ruidoso Downs Race Track and Ski Apache. This is an absentee-owned and operated property, with a motivated seller, making it an ideal acquisition for investors seeking a strong return on investment in a desirable location. The property is the only Wyndham-branded hotel in its competitive set and boasts a RevPar index of 101.6%. The recent renovation included minor transfer PIP work.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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