Skip to main content

Hotel-Motel

Quality Inn & Suites Near White Sands National Park

1020 S White Sands Blvd, Alamogordo, NM 88310

Listing Price: $5,500,000

Cap Rate
6.65%
Number of Rooms
90
RevPAR
$47
Price/Room
$61,111
RRM
4.48
Year Built
1987

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Quality Inn & Suites Near White Sands National Monument Alamogordo (‘Hotel’ or ‘Property’) located in Alamogordo, New Mexico. The Choice Hotels-branded Hotel is offered at $5,500,000 or $61,111 per key.

The Quality Inn & Suites Near White Sands National Monument Alamogordo is a 90-room, two-story Hotel stationed at 1020 S. White Sands Blvd. in Alamogordo, New Mexico. Various common area amenities at the Property include an outdoor pool, breakfast area, fitness center, and business center.

Alamogordo, situated in the enchanting landscape of southern New Mexico, offers residents and visitors a unique blend of natural wonders, historical significance, and outdoor activities. Surrounded by the majestic Sacramento Mountains, the city provides a picturesque backdrop for those seeking outdoor adventures. One of the region's crown jewels is White Sands National Park, a breathtaking expanse of gypsum sand dunes that shimmer in the sunlight. This natural wonder invites visitors to engage in various activities, from the exhilarating experience of sand sledding to capturing stunning scenery through photography. The ethereal beauty of White Sands makes it a must-visit destination, providing a serene and otherworldly escape. For those with an interest in aerospace history and exploration, Alamogordo hosts the New Mexico Museum of Space History. This museum offers an immersive journey into the state's rich history in aerospace, featuring exhibits on space exploration, historical artifacts such as rockets, and displays showcasing the achievements of astronauts. Alamogordo is also a gateway to other captivating attractions. Nature enthusiasts can explore the nearby Lincoln National Forest, a haven for hiking and exploration. The Oliver Lee Memorial State Park beckons with its scenic trails and the opportunity to connect with the natural beauty of the area. The Apache Point Observatory, known for its cutting-edge astronomical research, adds a touch of celestial fascination to Alamogordo's offerings. Amidst these natural wonders, Alamogordo's downtown area exudes a charming ambiance, featuring local shops, restaurants, and cultural events. This vibrant community provides a welcoming atmosphere for both residents and those passing through, creating a well-rounded experience that captures the essence of southern New Mexico's beauty and charm.

In the trailing twelve-month period ending in July 2023, the limited-service Hotel recorded room revenues of over $1.2 million and a net operating income just over $365,000, after a 4 percent capital replacement reserve. A prospective buyer should be able to capitalize on the anticipated increase in RevPAR through better revenue management, not only benefiting from increased market share but also higher NOI flow-through.

Investment Highlights

  • Two-Story, 90-Room, Choice Hotels-Branded Hotel
  • Situated Near Highway 70 and Highway 54 Near Jim R. Griggs Sports Complex, Museum of Space History, Hemmerly Desert Foothills Park, Alameda Park Zoo, and Tularosa Basin
  • Located Under 15 Miles from White Sands National Park and 10 Miles from Holloman Air Force Base
  • Less Than 5 Miles from Alamogordo-White Sands Regional Airport
  • TTM July Room Revenues Exceeded $1.2 Million while Maintaining a NOI Over $365,000
  • Three Year Average NOI of 37.36 Percent
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

Hotel-Motel

Quality Inn & Suites Near White Sands National Park

Listing Price: $5,500,000

Cap Rate
6.65%
Number of Rooms
90
RevPAR
$47
Price/Room
$61,111
RRM
4.48
Year Built
1987

Investment Highlights

  • Two-Story, 90-Room, Choice Hotels-Branded Hotel
  • Situated Near Highway 70 and Highway 54 Near Jim R. Griggs Sports Complex, Museum of Space History, Hemmerly Desert Foothills Park, Alameda Park Zoo, and Tularosa Basin
  • Located Under 15 Miles from White Sands National Park and 10 Miles from Holloman Air Force Base
  • Less Than 5 Miles from Alamogordo-White Sands Regional Airport
  • TTM July Room Revenues Exceeded $1.2 Million while Maintaining a NOI Over $365,000
  • Three Year Average NOI of 37.36 Percent
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Quality Inn & Suites Near White Sands National Monument Alamogordo (‘Hotel’ or ‘Property’) located in Alamogordo, New Mexico. The Choice Hotels-branded Hotel is offered at $5,500,000 or $61,111 per key. The Quality Inn & Suites Near White Sands National Monument Alamogordo is a 90-room, two-story Hotel stationed at 1020 S. White Sands Blvd. in Alamogordo, New Mexico. Various common area amenities at the Property include an outdoor pool, breakfast area, fitness center, and business center. Alamogordo, situated in the enchanting landscape of southern New Mexico, offers residents and visitors a unique blend of natural wonders, historical significance, and outdoor activities. Surrounded by the majestic Sacramento Mountains, the city provides a picturesque backdrop for those seeking outdoor adventures. One of the region's crown jewels is White Sands National Park, a breathtaking expanse of gypsum sand dunes that shimmer in the sunlight. This natural wonder invites visitors to engage in various activities, from the exhilarating experience of sand sledding to capturing stunning scenery through photography. The ethereal beauty of White Sands makes it a must-visit destination, providing a serene and otherworldly escape. For those with an interest in aerospace history and exploration, Alamogordo hosts the New Mexico Museum of Space History. This museum offers an immersive journey into the state's rich history in aerospace, featuring exhibits on space exploration, historical artifacts such as rockets, and displays showcasing the achievements of astronauts. Alamogordo is also a gateway to other captivating attractions. Nature enthusiasts can explore the nearby Lincoln National Forest, a haven for hiking and exploration. The Oliver Lee Memorial State Park beckons with its scenic trails and the opportunity to connect with the natural beauty of the area. The Apache Point Observatory, known for its cutting-edge astronomical research, adds a touch of celestial fascination to Alamogordo's offerings. Amidst these natural wonders, Alamogordo's downtown area exudes a charming ambiance, featuring local shops, restaurants, and cultural events. This vibrant community provides a welcoming atmosphere for both residents and those passing through, creating a well-rounded experience that captures the essence of southern New Mexico's beauty and charm. In the trailing twelve-month period ending in July 2023, the limited-service Hotel recorded room revenues of over $1.2 million and a net operating income just over $365,000, after a 4 percent capital replacement reserve. A prospective buyer should be able to capitalize on the anticipated increase in RevPAR through better revenue management, not only benefiting from increased market share but also higher NOI flow-through.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

MM Texture Background
MM Textured Background Lower