3470 Joe Battle Blvd - Hospitality FOR SALE
El Paso, TX 79938 |
3470 Joe Battle Blvd
El Paso, TX 79938
HIGHLIGHTS
- • 30 rooms equipped with kitchenettes, providing the opportunity to capitalize on extended stay market share and diversifying potential customer base.
- • 2022 built asset, new construction with no expected PIP cost. All brand new FF&E with spacious and modern breakfast and lobby areas.
- • Close proximity to Loop 375 and HWY 10. Provides easy access for transient travelers and opening exposure to the property with high visibility from
- • 46.2% NOI after reserves. Stabilized expenses and reduced rooms expense from extended stay customers
- • 11% CAP rate after reserves, providing high returns with either Conventional or SBA financing while retaining funds for future renovations. Ideal fo
- • Quick access to many quick service and sit down restaurants, within walking distance. Favorable for quick overnight travelers and enough options for
FOR SALE DETAILS
PRICE
-
# OF ROOMS
83
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
La Quinta Inn & Suites by Wyndham El Paso
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
44898
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2022
PARKING SPACES
86
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C4C
APN/PARCEL ID
H806-999-0040-01C0
