2120 Summit Ct - Hospitality FOR SALE


Las Cruces, NM 88011
$3,950,000 USD
575-649-2617
2120 Summit Ct, Las Cruces, NM for Sale
$3,950,000 USD
Hospitality - FOR SALE
1/29
null | 14.21% Cap Rate

2120 Summit Ct
Las Cruces, NM 88011


HIGHLIGHTS

  • High Barrier to Entry
  • Priced Well Below Replacement Costs
  • Absentee Owned; Significant Upside for Hands-On Ownership
  • Recently Renovated – Minimal PIP Anticipated
  • Potential Rebranding Opportunity
  • Financing Options Available – SBA 7(a)/504 and Conventional Financing

OVERVIEW

Concordia Hotel Advisors is pleased to present the Motel 6 Telshor, an 83-room interior corridor hotel strategically positioned in the thriving commercial corridor of Las Cruces, New Mexico. The property benefits from excellent visibility and accessibility, with proximity to major retail centers, dining, healthcare, and education hubs, as well as easy access to I-25. Las Cruces, one of the fastest-growing cities in New Mexico, continues to see strong demand drivers from the university, medical, government, and leisure segments, supporting both transient and extended-stay demand. Currently operated under absentee ownership, the Motel 6 Telshor offers substantial upside potential for an engaged owner/operator. In addition, the property presents a compelling repositioning opportunity, with the potential to be rebranded under emerging select-service flags such as Garner by IHG or Spark by Hilton. A rebrand strategy could further enhance market presence, elevate ADR performance, and drive long-term value creation. BOR: Parasell, Inc. | Scott Reid | 20231

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$205 USD /SF

# OF ROOMS

43

PRICE/ROOM

$91,860 {currency}

CAP RATE

14.21%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel 6 Las Cruces - Telshor

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2004

PARKING SPACES

76

LAND DETAILS

LAND ACRES

2.27 AC

LAND SF

98,881 SF

ZONING

M1C

APN/PARCEL ID

4-008-133-164-096

ASK ABOUT THIS PROPERTY

Raj PatelConcordia Hotel AdvisorsMore Info
575-649-2617

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Raj PatelConcordia Hotel AdvisorsMore Info
575-649-2617

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.