Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Hampton Inn & Suites Carlsbad, a four-story interior corridor hotel located in Carlsbad, New Mexico. The property offers amenities including a heated indoor pool & spa, meeting space, business center, fitness center, complimentary breakfast and a spacious lobby/dining area. Each of the hotel's 85 guest rooms include a 32-inch flat-screen HDTV, work space, refrigerator, microwave and coffee maker. Select suites include a living area and/or sofa bed. The Hampton Inn & Suites Carlsbad is ideally located off of U.S. Routes 62 and 285. Carlsbad is located near the New Mexico-Texas border in southeast new Mexico. The city is known for its proximity to Carlsbad Caverns National Park, which saw more than 440,000 visitors in 2019. Carlsbad Caverns contains more than 119 limestone caves that are outstanding in the profusion, diversity, and beauty of their formations. Other nearby attractions include Carlsbad Museum & Art Center, Lake Carlsbad Beach Park, Living Desert Zoo & Gardens State Park and Brantley Lake State Park. The Hampton Inn & Suites Carlsbad represents the opportunity to acquire a Hilton-branded hotel in a strong market. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand in the southeastern New Mexico market.