• This offering presents an opportunity to acquire a recently renovated, branded hotel in one of New Mexico’s established submarkets.
• Recently Renovated: Significant capital invested in updating the building, in guest rooms and FF&E helping limit near-term capital needs.
• The asset underwent a renovation in 2025 as a part of Wyndham’s "MODA" PIP, which includes updates to guest rooms and common areas. Improvements include new case goods (MODA Package), newly remodeled guestrooms with updated flooring, New A/C - PTAC units, TV’s, bed frames and soft goods, updated window treatments and upgrades to select building systems.
• Based on the 3.2M pricing guidance, the deal underwrites to a 4 x RRM in consideration of the hotel’s 3 yr avg. rooms revenue of $800,000.
• Situated on an expansive 3 acres parcel of land, the subject property was originally constructed in 1997 and features 53 guest rooms with convenient on-site amenities and a Manager/Owner suite.