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 restaurant and banquet facilities have been subdivided and are NOT included in the sale. 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 recent market trends and increasing population and demand in Southeastern New Mexico. For those interested in a brand conversion, the property is eligible for conversion to Spark by Hilton or Wyndham Garden.