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Clarion Inn & Suites Roswell 2000 N Main St 124 Room Hotel Roswell, NM 88201 $2,900,000 ($23,387/Room)



Investment Highlights
- Well-Appointed Clarion Inn & Suites, Renovated in 2020
- Excellent Frontage Along U.S. Route 285
- NMMI Supports 52,000+ Jobs and Contributes $2.8 Billion in Annual Labor Income
- Opportunity to Rebrand as a Spark by Hilton or Wyndham Garden
- Adjacent to New Mexico Military Institute (NMMI)
- Nearby Attractions Include Wool Bowl Stadium, Roswell Museum & Art Center, Anderson Museum of Contemporary Art, International UFO Museum & Research Ce
Executive Summary
Ryan Sarbinoff // Broker of Record // License NM 20675
Property Tours
Do not contact on-site staff.? All property tours must be scheduled through the listing agent.? Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Marcus & Millichap has been selected to exclusively market for sale the Clarion Inn & Suites Roswell, a 124-room hotel conveniently located off Highway 285 in the heart of Roswell, New Mexico. The two-story interior corridor property, situated on a 2.8-acre site, features 124 guest rooms, two meeting rooms (600 sq. ft.), a garden atrium with an indoor pool and hot tub, and two saunas (NON-OPERATIONAL). The restaurant and banquet facilities have been subdivided and are NOT included in the sale.
The Clarion Inn & Suites Roswell is located next to the New Mexico Military Institute, seven miles from the airport, and less than a mile from the International UFO Museum and Research Center. Popular attractions include the Roswell Museum & Art Center, Spring River Park & Zoo, the Robert H. Goddard Planetarium, and the Walker Aviation Museum. Outdoor recreation is just a short drive away, with Bitter Lake National Wildlife Refuge and Bottomless Lakes State Park within 30 minutes.
The Clarion Inn & Suites Roswell presents an opportunity to acquire a franchised hotel in a stable market with minimal property improvement requirements (PIP). Our Pro Forma analysis assumes continued modest growth, supported by recent market trends and increasing population and demand in Southeastern New Mexico.
For those interested in a brand conversion, the property is eligible for conversion to Spark by Hilton or Wyndham Garden.
Property Tours
Do not contact on-site staff.? All property tours must be scheduled through the listing agent.? Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Marcus & Millichap has been selected to exclusively market for sale the Clarion Inn & Suites Roswell, a 124-room hotel conveniently located off Highway 285 in the heart of Roswell, New Mexico. The two-story interior corridor property, situated on a 2.8-acre site, features 124 guest rooms, two meeting rooms (600 sq. ft.), a garden atrium with an indoor pool and hot tub, and two saunas (NON-OPERATIONAL). The restaurant and banquet facilities have been subdivided and are NOT included in the sale.
The Clarion Inn & Suites Roswell is located next to the New Mexico Military Institute, seven miles from the airport, and less than a mile from the International UFO Museum and Research Center. Popular attractions include the Roswell Museum & Art Center, Spring River Park & Zoo, the Robert H. Goddard Planetarium, and the Walker Aviation Museum. Outdoor recreation is just a short drive away, with Bitter Lake National Wildlife Refuge and Bottomless Lakes State Park within 30 minutes.
The Clarion Inn & Suites Roswell presents an opportunity to acquire a franchised hotel in a stable market with minimal property improvement requirements (PIP). Our Pro Forma analysis assumes continued modest growth, supported by recent market trends and increasing population and demand in Southeastern New Mexico.
For those interested in a brand conversion, the property is eligible for conversion to Spark by Hilton or Wyndham Garden.
Property Facts
| Price | $2,900,000 | Building Size | 91,392 SF |
| Price Per Room | $23,387 | No. Rooms | 124 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1977/2020 |
| Property Subtype | Hotel | Parking Ratio | 2.52/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.80 AC | ||
| Zoning | C2 - Commercial | ||
| Price | $2,900,000 |
| Price Per Room | $23,387 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.80 AC |
| Building Size | 91,392 SF |
| No. Rooms | 124 |
| No. Stories | 2 |
| Year Built/Renovated | 1977/2020 |
| Parking Ratio | 2.52/1,000 SF |
| Corridor | Interior |
| Zoning | C2 - Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 24 | $76.00 | - |
| Guest Room | 100 | $69.00 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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