This Hospitality Property is no longer advertised on LoopNet.com.

1408 South Main St
Lordsburg, NM 88045
Econo Lodge Lordsburg off I-10 · Hospitality Property For Sale · 31,624 SF

Investment Highlights

  • Econo Lodge Lordsburg at 1408 S Main Street is a 40-key, 15,812-square-foot hotel asset that offers upgraded room amenities.
  • Provides a stable opportunity to become part of the Choice Hotels Inc. franchise family with value-add hospitality opportunities.
  • Trailing 12-month revenue surpassed $345,000 – a positive trend toward reaching peak room revenue since the pandemic.
  • Located in the Opportunity Zone of the New Mexico South Area Submarket and off Interstate 10, the fourth–longest interstate in the US.
  • Hotel amenities include high-speed internet, a business center, a seasonal outdoor pool, a large lot for truck parking, and more.
  • Tremendous upside to increase income and reduce expenses with on-site owner/operator

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.28 AC
Building Size 31,624 SF
No. Stories 2
Year Built/Renovated 1998/2004
Parking Ratio 2.37/1,000 SF
Corridor Exterior
Zoning Commercial - Commercial: Opportunity Zone

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Property Taxes

Property Taxes

Parcel Number
3107133153188
Land Assessment
$43,930
Improvements Assessment
$300,340
Total Assessment
$344,270
  • Listing ID: 28488122

  • Date on Market: 5/15/2023

  • Last Updated:

  • Address: 1408 South Main St, Lordsburg, NM 88045

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