La Quinta Inns & Suites Ruidoso Downs | 26147 US Highway 70
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La Quinta Inns & Suites Ruidoso Downs 26147 US Highway 70
63 Room Hotel Ruidoso, NM 88345 $7,163,868 CAD ($113,712 CAD/Room)
Investment Highlights
- Recently Renovated with Minor Transfer PIP
- 101.6 RevPar Index
- Absentee Owned & Operated
- Interior Corridor
- Only Wyndham Property in Comp Set
- Motivated Seller
Executive Summary
NewGen Advisory is pleased to present the La Quinta Inn & Suites in Ruidoso, New Mexico to qualified investors. The interior corridor Wyndham brand was built in 2007 and has 63 guest rooms. Travelers on State Route 48 and 70 can enjoy the complimentary breakfast, business center, indoor pool, gym and more.
Property Facts
| Price | $7,163,868 CAD | Building Size | 31,500 SF |
| Price Per Room | $113,712 CAD | No. Rooms | 63 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2007 |
| Property Subtype | Hotel | Parking Ratio | 0.1/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.50 AC |
| Price | $7,163,868 CAD |
| Price Per Room | $113,712 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.50 AC |
| Building Size | 31,500 SF |
| No. Rooms | 63 |
| No. Stories | 3 |
| Year Built | 2007 |
| Parking Ratio | 0.1/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 14 | $202.27 CAD | - |
| Guest Room | 49 | $153.11 CAD | - |
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PROPERTY TAXES
| Parcel Number | 4075065069289000000 | Improvements Assessment | $607,185 CAD |
| Land Assessment | $151,688 CAD | Total Assessment | $758,872 CAD |
PROPERTY TAXES
Parcel Number
4075065069289000000
Land Assessment
$151,688 CAD
Improvements Assessment
$607,185 CAD
Total Assessment
$758,872 CAD
zoning
| Zoning Code | Commercial |
| Commercial |
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La Quinta Inns & Suites Ruidoso Downs | 26147 US Highway 70
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