2920 Mabry Dr - Hospitality FOR SALE


Clovis, NM 88101
$1,875,000 USD
469-644-0779
2920 Mabry Dr, Clovis, NM for Sale
$1,875,000 USD
Hospitality - FOR SALE
1/16
null | Request Cap Rate

2920 Mabry Dr
Clovis, NM 88101


HIGHLIGHTS

  • Excellent location on US 60 (Mabry Drive) across from Clovis Fairgrounds
  • Additional 1.4 acres of land at rear of property for future expansion or development
  • SBA financing candidate
  • 2-bedroom managers apartment on site
  • Ideal size and operating model for owner/operator
  • Offered at discount to replacement cost

OVERVIEW

Quality Inn with an additional 1.4 acre of land included in the sale. The property has a 2-bedroom managers apartment on site, and will need around $75k in renovations to maintain band standards. Ownership installed a new TPO roof in 2024.

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$119 USD /SF

# OF ROOMS

55

PRICE/ROOM

$34,091 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn Clovis

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1986

PARKING SPACES

43

LAND DETAILS

LAND ACRES

2.66 AC

LAND SF

115,870 SF

ZONING

VAC

APN/PARCEL ID

121301037223200

ASK ABOUT THIS PROPERTY

Ryan PattersonMumford CompanyMore Info
469-644-0779

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Ryan PattersonMumford CompanyMore Info
469-644-0779

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