2912 Mabry Dr - Hospitality FOR SALE


Clovis, NM 88101
$3,700,000 USD
714-312-3934
2912 Mabry Dr, Clovis, NM for Sale
$3,700,000 USD
Hospitality - FOR SALE
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null | Request Cap Rate

2912 Mabry Dr
Clovis, NM 88101


HIGHLIGHTS

  • Price Reduced: $3,700,000 – Motivated seller ready to meet the market!
  • Franchise Approved for Conversion to SureStay Plus by Best Western
  • Major PIP Underway with lobby and breakfast areas completed, rooms in progress
  • 2024 Revenues priced at 3x RRM, $38,542 per room, with 11.8% Cap Rate!
  • 20.3% Cash-on-Cash Return with current SBA market rates and 20% down
  • Major Contract with BNSF Railway: Guaranteed 600 room nights per month, providing reliable, consistent business

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$90 USD /SF

# OF ROOMS

96

PRICE/ROOM

$38,542 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Clovis

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1991

PARKING SPACES

114

LAND DETAILS

LAND ACRES

4.75 AC

LAND SF

206,749 SF

ZONING

HC

APN/PARCEL ID

121301035823200

ASK ABOUT THIS PROPERTY

Vijay HiraT & S Hotel AdvisorsMore Info
714-312-3934

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Vijay HiraT & S Hotel AdvisorsMore Info
714-312-3934

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