Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
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Nightclub DJ & Entertainment
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Discount Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C3 · El Paso, TXZoning
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