4600 E Pine St - Hospitality FOR SALE


Deming, NM 88031
$6,500,000 USD
520-664-4091
4600 E Pine St, Deming, NM for Sale
$6,500,000 USD
Hospitality - FOR SALE
1/32
null | Request Cap Rate

4600 E Pine St
Deming, NM 88031


HIGHLIGHTS

  • 115 units, two-story, exterior corridor
  • Only hotel in town that includes full service bar & restaurant
  • Valuable liquor license included in sale of property
  • Property located off I-10 - one of the main exits in Deming
  • Features large truck parking and located near multiple new truck stops
  • Situated near key demand generators such as Mimbres Memorial Hospital

OVERVIEW

Jigar "Jay" Desai and Ryan Bodine of NewGen Advisory are proud to present for sale the Quality Inn - Deming, NM, a prime investment opportunity within the midscale hotel market. Opened in 1972 and franchised by Choice Hotels International, Inc., the hotel features 115 rooms spread over 52,000 square feet and a two-story, exterior corridor design. Renovated in 2003, it boasts modern amenities, 133 surface parking spaces, and 1,170 square feet of meeting space, making it suitable for both business and leisure travelers. Situated conveniently on 3.50 acres by the interstate, the Quality Inn - Deming, NM has a building FAR of 0.34 and is zoned for hospitality use. Deming's strategic location near major transport routes and its proximity to local attractions enhance the property’s potential for asset appreciation and operational success in a community with a growing economy.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$125 USD /SF

# OF ROOMS

115

PRICE/ROOM

$56,522 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn Deming

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1972

PARKING SPACES

133

LAND DETAILS

LAND ACRES

3.5 AC

LAND SF

152,460 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

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Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

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