1408 Main St, Lordsburg, NM 88045
This exceptional value-add opportunity presents a 40-key Econo Lodge hotel in Lordsburg, New Mexico. Situated on a 2.27-acre lot conveniently located off Interstate-10 and the Continental Divide, this two-story, 15,812 square foot property offers significant upside potential. Built in 1998, the hotel boasts a strong 7.59% cap rate and a substantial net operating income (NOI) of $113,915, with an asking price of $995,000 ($94.86/sq ft). The property includes two large manager's living quarters and ample space for truck parking, catering to a diverse clientele including leisure travelers, interstate commuters, military personnel, border patrol agents, and Union Pacific employees. Its strategic location along the popular Continental Divide trail makes it an ideal rest stop for travelers on I-10. The property is fee simple ownership and is lender-approved for SBA/USDA financing. This presents a compelling investment opportunity for those seeking a strong return and the potential for increased income and reduced expenses through on-site owner-operator management. The property's size and location offer significant advantages for maximizing revenue and operational efficiency.
-
Econo Lodge Lordsburg I-10 Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.