Hotel-Motel

Gila Mountain Inn

3420 US Highway 180, Silver City, NM 88061

Listing Price: $1,400,000

Cap Rate
1.40%
Number of Rooms
74
Gross SF
34,725
Price/Room
$18,919
Price/Gross SF
$40.32
Year Built
1965

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Gila Mountain Inn, a two-story, 74-key exterior-corridor former Rodeway Inn located in Silver City, New Mexico. This independent hotel is offered at $1,400,000 or $18,919/key. The property benefits from its location with frontage on US Highway 180 and presents the opportunity to acquire a value-add asset near several room demand generators including the Gila Mountain National Forest, the Gila Cliff Dwellings, and Geronimo Trail, attracting hikers, cyclists, and outdoors enthusiasts year-round. The Gila Mountain Inn is located just 3 miles from Western New Mexico State University, which offers more than 70 fields of study, online Masters' and Bachelors' programs, satellite campuses, and the classic on-campus university experience. Silver City is home to the third largest open pit copper mine in the world, and it shines in its artistic, culinary, and historical offerings.

Investment Highlights

  • Former 74-key Rodeway Inn
  • Significant upside opportunity: low RevPAR index
  • Well-positioned on US Highway 180 at the Silver City gateway to the 3.3 million-acre Gila National Forest, the Gila Cliff Dwellings and Geronimo Trail
  • 3 miles from Western New Mexico University

Exclusively Listed By

Broker of Record

  • Matt Reeves

    Senior Associate

    License(s): NM: 19583

    New Mexico

Listing Price: $1,400,000

Cap Rate
1.40%
Number of Rooms
74
Gross SF
34,725
Price/Room
$18,919
Price/Gross SF
$40.32
Year Built
1965

Investment Highlights

  • Former 74-key Rodeway Inn
  • Significant upside opportunity: low RevPAR index
  • Well-positioned on US Highway 180 at the Silver City gateway to the 3.3 million-acre Gila National Forest, the Gila Cliff Dwellings and Geronimo Trail
  • 3 miles from Western New Mexico University

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Gila Mountain Inn, a two-story, 74-key exterior-corridor former Rodeway Inn located in Silver City, New Mexico. This independent hotel is offered at $1,400,000 or $18,919/key. The property benefits from its location with frontage on US Highway 180 and presents the opportunity to acquire a value-add asset near several room demand generators including the Gila Mountain National Forest, the Gila Cliff Dwellings, and Geronimo Trail, attracting hikers, cyclists, and outdoors enthusiasts year-round. The Gila Mountain Inn is located just 3 miles from Western New Mexico State University, which offers more than 70 fields of study, online Masters' and Bachelors' programs, satellite campuses, and the classic on-campus university experience. Silver City is home to the third largest open pit copper mine in the world, and it shines in its artistic, culinary, and historical offerings.

Exclusively Listed By

Broker of Record

  • Matt Reeves

    Senior Associate

    License(s): NM: 19583

    New Mexico

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