Hotel-Motel
Super 8 by Wyndham Las Cruces University Area
245 La Posada Ln, Las Cruces, NM 88005
Listing Price: $2,250,000
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale the Super 8 by Wyndham in Las Cruces, New Mexico University Area. This three-story interior corridor property has 53 rooms including an ADA room which sits on a 1.6-acre parcel. This property recently underwent $300K in CapEx including a new roof, and offers 24-Hour front desk, free Wi-Fi, breakfast, parking and room amenities such as flat screen television, coffee and tea maker, and pet-friendly options.
Conveniently located off the I-10 averaging ±37,000 cars daily, their setting near New Mexico State University puts you near other great attractions in the surrounding area, such as the Pan America Center, Las Cruces Convention Center, and the Zuhl Museum all less than 10 miles from the property.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $2,250,000
Investment Highlights
- • $300K in recent CapEx including new roof
- • Includes two bed / two bath manager's suite
- • $43K per key including minimal PIP
- • Less than $1000 PIP per key due to buyer
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale the Super 8 by Wyndham in Las Cruces, New Mexico University Area. This three-story interior corridor property has 53 rooms including an ADA room which sits on a 1.6-acre parcel. This property recently underwent $300K in CapEx including a new roof, and offers 24-Hour front desk, free Wi-Fi, breakfast, parking and room amenities such as flat screen television, coffee and tea maker, and pet-friendly options. Conveniently located off the I-10 averaging ±37,000 cars daily, their setting near New Mexico State University puts you near other great attractions in the surrounding area, such as the Pan America Center, Las Cruces Convention Center, and the Zuhl Museum all less than 10 miles from the property.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
