2500 N Grand Ave | Las Vegas, NM 87701
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- LoopNet Team
2500 N Grand Ave
Las Vegas, NM 87701
Comfort Inn Las Vegas New Mexico · Hospitality Property For Sale
·
71,158 SF
INVESTMENT HIGHLIGHTS
- ABSENTEE OWNERSHIP WITH CONSISTENT CASH FLOW: The property is currently under absentee ownership yet maintains stable operational performance
- RECENT CAPITAL IMPROVEMENTS ENHANCE ASSET QUALITY: Substantial renovations completed, including new exterior paint, refreshed signage
- PROXIMITY TO OUTDOOR RECREATION AMENITIES: Located near the Moctezuma Hot Springs and the Sangre de Cristo Mountains
- REVENUE GROWTH POTENTIAL EVIDENT IN STR INDEX: Currently achieving a 55% RevPAR Index compared to regional competitors (Super 8, Best Western
- STRATEGIC INTERSTATE LOCATION IN A REGIONAL TOURIST CORRIDOR: Ideally situated just off I-25, with convenient access to major tourist destinations
- FLAGGED ASSET WITH BRAND AFFILIATION STABILITY: Operates under the Comfort Inn brand, part of the Choice Hotels portfolio
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1991/2004 |
| Building Class | C | Parking Ratio | 1.49/1,000 SF |
| Lot Size | 3.00 AC | Corridor | Interior |
| Building Size | 71,158 SF | ||
| Zoning | C-3, General Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.00 AC |
| Building Size | 71,158 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1991/2004 |
| Parking Ratio | 1.49/1,000 SF |
| Corridor | Interior |
| Zoning | C-3, General Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Number | 655097 | Improvements Assessment | $782,485 |
| Land Assessment | $100,099 | Total Assessment | $882,584 |
PROPERTY TAXES
Parcel Number
655097
Land Assessment
$100,099
Improvements Assessment
$782,485
Total Assessment
$882,584
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