203 N 2nd St | Artesia, NM 88210
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203 N 2nd St
Artesia, NM 88210
Spark by Hilton Artesia · Hospitality Property For Sale
·
50,399 SF
INVESTMENT HIGHLIGHTS
- The Property benefits from a central location in the heart of Downtown Artesia, near the major intersection of U.S. Highways 82 and 285.
- The Hotel’s July 2023 trailing-twelve-month (TTM) rooms revenue equated to $1,078,000 (rounded).
- Current ownership originally developed the Property in 2007 and has maintained the physical asset well.
- The Hotel is institutionally operated with a full staff in place. Great upside exists for a more “hands-on” owner/operator.
- Basic training for all U.S. Border Patrol Agents occurs at the 3,620-acre Federal Law Enforcement Training Centers (FLETC)-Artesia.
- The Property was exceptionally designed with Art Deco architecture.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 2009/2024 |
| Building Class | B | Parking Ratio | 0.97/1,000 SF |
| Lot Size | 1.16 AC | Corridor | Interior |
| Building Size | 50,399 SF | ||
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.16 AC |
| Building Size | 50,399 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2009/2024 |
| Parking Ratio | 0.97/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Number | 4-152-098-436-474 | Improvements Assessment | $0 |
| Land Assessment | $13,421 | Total Assessment | $13,421 |
PROPERTY TAXES
Parcel Number
4-152-098-436-474
Land Assessment
$13,421
Improvements Assessment
$0
Total Assessment
$13,421
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