520-664-4091
1721 E Pine St, Deming, NM for Sale
Hospitality - FOR SALE
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1721 E Pine St
Deming, NM 88030


HIGHLIGHTS

  • 60 unit, two-story, interior and exterior corridor
  • Meeting space included to generate additional income
  • Minimal PIP for buyer
  • Additional Income generated from restaurant space on-site monthly
  • Situated near key demand generators such as the Mimbres Memorial Hospital

OVERVIEW

Jigar "Jay" Desai and Ryan Bodine of NewGen Advisory are proud to present for sale the Baymont by Wyndham - Deming, NM. This midscale, franchise-operated hotel, under the reputable Baymont brand by Wyndham Hotels & Resorts, offers a prime investment opportunity in the hospitality sector. Built in 1967 and recently renovated in June 2023, the Baymont by Wyndham - Deming, NM features a two-story building with a gross building area of 43,780 square feet and offers a typical floor size of 12,500 square feet. The hotel comprises of 60 rooms with a hybrid corridor style, supplemented by a meeting space of approximately 1,100 square feet. Located strategically on an interstate, the hotel benefits from high visibility and accessibility, ideal for both business and leisure travelers. Deming is located in the Southwestern part of New Mexico, 33 miles North of the Mexico border, a land of an ever present sun and flowing desert rocks and cacti. Deming has been named a "Rock-Hunters Paradise." The history of the area dates back nearly 1,000 years ago, when the Mimbres Indians, the first people known to inhabit the area, lived in villages along the Mimbres River and farmed the area. Primitive though they were in other respects, the pictures of daily life they painted inside their pottery reflect their gifted creativity and unsurpassed skill in reproducing likeness of animals and birds. Known throughout the world, some beautiful samples of the magnificent Mimbres Pottery are on display in the Deming Luna Mimbres Museum.

FOR SALE DETAILS

PRICE

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# OF ROOMS

61

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baymont by Wyndham Deming

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1967

PARKING SPACES

91

LAND DETAILS

LAND ACRES

2.76 AC

LAND SF

120,008 SF

ZONING

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APN/PARCEL ID

3050137141502

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Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

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Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

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