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Property profile & analytics
OFF-MARKET Estimated value $815,000
Hotels

7620 Mesa St El Paso, TX 79912-3506

51,560 SF 1.7 ac lot Built 1992
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-4076715
Property summary
AI-generated overview

This exceptional 103-key hotel presents a compelling value-add investment opportunity in El Paso, Texas. The four-story property, situated on a 1.68-acre lot at 7620 N Mesa St, El Paso, TX 79912, boasts interior corridors for enhanced guest security and privacy. Built in 1992 and renovated in 2008, the hotel offers a strong foundation for future growth. Its prime location provides convenient access to key attractions, including El Paso International Airport (an 18-minute drive), Sunland Park Mall (4 minutes), Sunland Park Racetrack and Casino (5 minutes), and the Viva El Paso shows at McKelligon Canyon (12 miles). The property currently generates a Net Operating Income (NOI) of $576,962, resulting in an attractive 10.03% capitalization rate. Priced at $5,750,000, or $55,825 per key, this hotel represents a significant opportunity for investors seeking strong returns in a thriving hospitality market. The property is zoned for commercial use. This is a rare chance to acquire a well-located, established hotel with significant upside potential. The property's strong performance and strategic location make it an ideal addition to any investment portfolio.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1992
Construction WOOD
Total area 51,560 SF
Lot 1.7 ac (74,096 SF)
Zoning code C3S
APN M327-999-0040-0175
UPID US83-4076715
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • La Quinta Inn & Suites by Wyndham El Paso West Bartlett Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$850k
CAP Approach CAP
by Request
Comparable Approach Comparable
$785k
Blend (final) Blend
$815k
Owner & transaction history
Relianse Mesa LLC · 6 yrs held
Relianse Mesa LLC
since 2020
7 recorded transactions
2020
Price N/A
2018
Price N/A
2013
Price N/A
2006
Price N/A
2004
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
C3S · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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