6655 Gtwy W Blvd El Paso, TX 79925-3617

Property Details for 6655 Gtwy W Blvd

Year built

1963

Lot size

3.90 lot acres

Property size

104,592 SF

Zone code

C3

Property type

Motels

APN

I427-999-0010-4500

APU

I42799900104500

Description

This exceptional investment opportunity presents a fee-simple ownership of the Best Western Plus El Paso Airport Hotel & Conference Center. Located in El Paso, Texas, at 6655 Gateway Blvd W, zip code 79925, this two-story hotel features 132 keys within a 104,591 square foot building constructed in 1963 and renovated in 2017. The property benefits from its strategic location in El Paso County, a major metropolitan area situated at the intersection of three states (Texas, New Mexico, and Chihuahua, Mexico) and boasts a significant bilingual and binational workforce. El Paso's robust economy and its position within the Paso del Norte/Borderplex region, a combined international metropolitan area with over 2.7 million people, contribute to strong demand for hospitality services. The hotel itself offers a substantial 4771 square foot event space, ideal for weddings and conferences, further enhancing its revenue potential. The property's strong performance is evidenced by its nearly 88% occupancy rate and a year-to-date RevPAR of $85.62, projecting near $4.125 million in revenue by year-end. This represents a rare opportunity to acquire a well-established, high-performing hotel in a dynamic and growing market. Detailed financial information and due diligence documents are available upon request with proof of funds.

Location Insight

City

El Paso

County

El Paso

State

Texas

Longitude

-106.393

Latitude

31.7798

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments