Property profile

2210 W Pierce St Carlsbad, NM 88220

FOR SALE
Motels
Property ID
US61-1294180
46,480 SF Built 2007
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Property summary

AI-generated overview

The property is an 80-unit hotel located in Carlsbad, New Mexico. The building contains approximately 46,480 square feet and was extensively renovated in 2018, with the work focused on modernizing the accommodations. The property is situated in an area with access to local attractions including the Living Desert Zoo and Gardens State Park and Carlsbad Caverns National Park.

Property profile

Verified
Property type Motels
Year built 2007
Total area 46,480 SF
UPID US61-1294180

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Hotel & Motel

Location

2210 W Pierce St Carlsbad, NM 88220
Carlsbad metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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