508 S White Sands Blvd - Hospitality FOR SALE


Alamogordo, NM 88310
$1,150,000 USD
562-843-3495
508 S White Sands Blvd, Alamogordo, NM for Sale
$1,150,000 USD
Hospitality - FOR SALE
1/3
null | Request Cap Rate

508 S White Sands Blvd
Alamogordo, NM 88310


OVERVIEW

Economy Inn 508 S White Sands Blvd, Alamogordo NM 88310 Welcome to the Economy Inn - a fantastic investment opportunity located at 508 S White Sands Blvd in Alamogordo, NM. This well-established property boasts a total of 28 rooms and sits on 0.46 acres of land. With a vintage charm dating back to its 1957 construction, the Economy Inn offers a unique opportunity for investors or hospitality entrepreneurs to make their mark. Featuring a two-story layout, this property presents endless possibilities for reimagining and updating the space to cater to the modern traveler. Whether it's a boutique hotel or a charming bed and breakfast, this property has the potential to become a sought-after destination for both locals and visitors alike. Conveniently located on the bustling White Sands Blvd, guests staying at the Economy Inn will have easy access to nearby attractions, shopping centers, and dining options. The property's central location ensures a steady flow of potential customers year-round, making it an ideal investment opportunity. Don't miss out on this incredible chance to own a piece of Alamogordo's hospitality scene. Contact us today to learn more about the Economy Inn and start turning your vision into reality!

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$82 USD /SF

# OF ROOMS

28

PRICE/ROOM

$41,071 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Economy Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

Commercial

APN/PARCEL ID

R010269

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
562-843-3495

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
562-843-3495

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