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Hotel-Motel

Best Western Mission Inn

1765 S Main St, Las Cruces, NM 88005

Listing Price: $5,800,000

Cap Rate
9.60%
Number of Rooms
68
RevPAR
$62
Gross SF
48,066
Price/Room
$85,294
Price/Gross SF
$120.67
Year Built
1945

Investment Overview

Qualifies for both SBA and Conventional Financing on In-Place Financials
Absentee Owned and Operated. Ideal Key Count for Owner Operator with High Square Footage Rooms and Suites
9.62% CAP Rate In Place
Yearly Franchise Renewal with Best Western, Qualifies for Auto Transfer
High Acreage Plot with Restaurant Space Available to Lease for Additional Revenue
Old Southwest Charm Construction with Terracotta Tiles and Exposed Beams, Setting the Property Apart for Transient Travelers

Investment Highlights

  • High Acreage Plot with Restaurant Space Available to Lease for Additional Revenue
  • Yearly Franchise Renewal with Best Western, Qualifies for Auto Transfer
  • Old Southwest Charm Construction with Terracotta Tiles and Exposed Beams, Setting the Property Apart for Transient Travelers
  • Absentee Owned and Operated. Ideal Key Count for Owner Operator with High Square Footage Rooms and Suites

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Hotel-Motel

Best Western Mission Inn

Listing Price: $5,800,000

Cap Rate
9.60%
Number of Rooms
68
RevPAR
$62
Gross SF
48,066
Price/Room
$85,294
Price/Gross SF
$120.67
Year Built
1945

Investment Highlights

  • High Acreage Plot with Restaurant Space Available to Lease for Additional Revenue
  • Yearly Franchise Renewal with Best Western, Qualifies for Auto Transfer
  • Old Southwest Charm Construction with Terracotta Tiles and Exposed Beams, Setting the Property Apart for Transient Travelers
  • Absentee Owned and Operated. Ideal Key Count for Owner Operator with High Square Footage Rooms and Suites

Investment Overview

Qualifies for both SBA and Conventional Financing on In-Place Financials Absentee Owned and Operated. Ideal Key Count for Owner Operator with High Square Footage Rooms and Suites 9.62% CAP Rate In Place Yearly Franchise Renewal with Best Western, Qualifies for Auto Transfer High Acreage Plot with Restaurant Space Available to Lease for Additional Revenue Old Southwest Charm Construction with Terracotta Tiles and Exposed Beams, Setting the Property Apart for Transient Travelers

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

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