Property Description Devesh "Devo" Ragha of NewGen Advisory is proud to present an exceptional investment opportunity in Carlsbad, NM. The Candlewood Suites - Carlsbad, NM boasts 81 modernized extended-stay units, offering both comfort and convenience for today’s travelers. The spacious lobby, inviting common areas, and well-appointed outdoor spaces create a welcoming atmosphere, while fully equipped kitchenettes cater to extended stay guests. With recent renovations and a well-maintained exterior, the property is ideally located with easy access to local attractions and business hubs. This prime asset in the Carlsbad market presents an excellent opportunity for investors seeking strong returns, a rewarding guest experience, and promising financial performance. Location Description Carlsbad, New Mexico, is a charming city known for its natural beauty and outdoor attractions. Located in the southeastern part of the state, it is famous for the Carlsbad Caverns National Park, a UNESCO World Heritage site featuring stunning underground formations. The city also serves as a hub for oil and gas industries, offering a blend of cultural heritage, scenic landscapes, and economic vitality. With its welcoming atmosphere and proximity to unique attractions, Carlsbad is a growing destination for both tourists and business travelers.