5636 Paisano dr - Hospitality FOR SALE


El Paso, TX 79925- Normandy Park
$3,600,000 USD
915-478-9905
5636 Paisano dr, El Paso, TX for Sale
$3,600,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

5636 Paisano dr
El Paso, TX 79925
Normandy Park


HIGHLIGHTS

  • 2026 Property Taxes For Entire Portfolio: $33,396
  • 2026 Annual Insurance: $20,600.00
  • Below Replacement Cost Acquisition Basis // Significant Value-Add & Revenue Enhancement Opportunity
  • Prime Interstate 10 Visibility & Airport Corridor Location
  • 87 Keys Total // 39 Units in the Soluna Hotel and 48 Units at the Budget Inn Motel
  • Multiple Exit Strategies Through Flexible C-4 Zoning

OVERVIEW

This unique investment opportunity consists of two hospitality properties totaling 87 guest rooms situated on approximately 1.39 acres with over 35,900 square feet of existing improvements. Positioned along the Interstate 10 corridor with exceptional visibility and accessibility, the properties benefit from immediate access to El Paso International Airport, major retail corridors, industrial employment centers, and Downtown El Paso. Offered at $3,600,000, the portfolio represents an acquisition basis of approximately $41,379 per key and approximately $100 per square foot, presenting investors with a compelling value-add opportunity below replacement cost. The assets offer multiple investment strategies including continued hospitality operations, extended stay conversion, workforce housing, corporate lodging, medical hospitality, adaptive reuse, or long-term redevelopment. Existing improvements include guest rooms, reception areas, parking facilities, common areas, laundry facilities, fitness amenities, and hospitality infrastructure. The current operation presents a significant opportunity for a new owner to implement professional management practices, operational efficiencies, branding initiatives, property upgrades, and revenue enhancement programs. Rarely does an opportunity become available to acquire nearly 90 keys with Interstate 10 visibility, airport proximity, and flexible commercial zoning at such an attractive basis.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$101 USD /SF

# OF ROOMS

87

PRICE/ROOM

$41,379 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hospitality Value Add on I-10 at $41,300/ Key

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

undefined, undefined, undefined

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1979

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

C-4

APN/PARCEL ID

300316,303878,319894

ASK ABOUT THIS PROPERTY

915-478-9905

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915-478-9905

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