900 Yarbrough Dr El Paso, TX 79915-2232
Property profile & analytics
900 Yarbrough Dr El Paso, TX 79915-2232
- Commercial real estate
- 27,216 SF
- 3.80 lot acres
Property ID
US83-4129767
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Quality Inn Airport East / Hotel & Motel
- plaza san jacinto / Nightclub / DJ & Entertainment
Property Details for 900 Yarbrough Dr
- Year built
- 1985
- Construction
- WOOD
- Lot size
- 3.80 lot acres
- Property size
- 27,216 SF
- Zone code
- C3S
- Property type
- Commercial real estate
- APN
- S029-999-0150-0150
- APU
- S02999901500150
Description
This exceptional 187-key hotel presents a compelling investment opportunity in El Paso, Texas. Boasting a substantial 89,472 square feet, the property is situated on a 3.8-acre lot and features three stories with exterior corridors. Built in 1985 and renovated in 2020, this limited-service hotel offers a strong net operating income (NOI) of $1,132,252, translating to a highly attractive 10.62% capitalization rate. The asking price is $10,659,000, or $57,000 per key. Conveniently located near El Paso International Airport (ELP), with easy access to Interstate 10, the hotel benefits from proximity to numerous restaurants and retail establishments, including Applebee's, Pizza Hut, Circle K, and McDonald's. The property is zoned C and offers significant potential for continued success in a thriving market. This is a rare chance to acquire a well-maintained, high-performing hotel with excellent location and strong financial metrics. The property's size, location, and strong NOI make it an ideal addition to any investment portfolio. The recent renovation ensures the hotel is well-equipped to meet current market demands.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,390,000
- 6.5%
- $4,975,000
- 7%
- $4,620,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $5,721,000
Market price range: $1.14M - $5.72M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,230,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $6,100,000 Change: +89% Conversion: Moderate
- MEDICAL BUILDING
- $4,970,000 Change: +54% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,650,000 Change: +13% Conversion: Difficult
- RETAIL STORES
- $3,610,000 Change: +12% Conversion: Easy
- RESTAURANT
- $3,350,000 Change: +4% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.345
- Latitude
- 31.7505
- CBSA code
- 21340
- CBSA name
- EL PASO, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$176,909
$1,351,719
$4,726,721
$6,078,440
-
$1,351,719
$4,726,721
$6,078,440
