7620 Mesa St El Paso, TX 79912-3506
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.
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La Quinta Inn & Suites by Wyndham El Paso West Bartlett Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3S · El Paso, TXCosts & 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.