2920 Mabry Dr - Hospitality FOR SALE


Clovis, NM 88101
$1,875,000 USD
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

Research In ProgressResearch In ProgressMore Info

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

Research In ProgressResearch In ProgressMore Info

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