Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Clarion Inn & Suites Roswell, a 124-room hotel conveniently located off Highway 285 in the heart of Roswell, New Mexico. The two-story interior corridor property, situated on a 2.8-acre site, features 124 guest rooms, two meeting rooms (600 sq. ft.), a garden atrium with an indoor pool and hot tub, and two saunas (NON-OPERATIONAL). The Clarion Inn & Suites Roswell is located next to the New Mexico Military Institute, seven miles from the airport, and less than a mile from the International UFO Museum and Research Center. Popular attractions include the Roswell Museum & Art Center, Spring River Park & Zoo, the Robert H. Goddard Planetarium, and the Walker Aviation Museum. Outdoor recreation is just a short drive away, with Bitter Lake National Wildlife Refuge and Bottomless Lakes State Park within 30 minutes. The Clarion Inn & Suites Roswell presents an opportunity to acquire a franchised hotel in a stable market with minimal property improvement requirements (PIP). Our Pro Forma analysis assumes continued modest growth, supported by the recent STR/STAR Reports' running three-month growth trends and increasing population and demand in Southeastern New Mexico. For those interested in a brand conversion, Wyndham Garden is available with an approximate key money incentive of $1.1 million, an estimated PIP of $1.1 million, and a 15-year term.