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- LoopNet Team
251 Panorama Blvd
Alamogordo, NM 88310
Motel 6 Alamogordo, NM · Hospitality Property For Sale
·
28,296 SF
INVESTMENT HIGHLIGHTS
- Priced Well Below Replacement Costs
- Financing Available to Qualified Buyers: Conventional Loan / SBA 7a / SBA 504
- Situated directly off Highway 70
- Significant Opportunity For Revenue Growth With Considerable Upside Potential.
- Ideal for Owner/Operator
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1982/2023 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.09 AC | Parking Ratio | 4.63/1,000 SF |
| Building Size | 28,296 SF | Corridor | Exterior |
| Zoning | CS | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.09 AC |
| Building Size | 28,296 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1982/2023 |
| Tenancy | Single |
| Parking Ratio | 4.63/1,000 SF |
| Corridor | Exterior |
| Zoning | CS |
AMENITIES
- Pool
- High Speed Internet Access
- Public Access Wifi
ABOUT 251 PANORAMA BLVD , ALAMOGORDO, NM 88310
Introducing the Motel 6 located in Alamogordo, New Mexico. The Motel 6 is a Two Story, 93-Unit, Limited Service, Exterior Corridor Hotel that sits on approximately 2 acres. The property is strategically positioned directly off Highway 70 and is in close proximity to local restaurants, the downtown area, and Holloman Air Force Base. The Motel 6 offers an array of amenities including a guest laundry facility, mini-fridges in select rooms, and free WiFi. The subject property presents an ideal opportunity for an owner/operator to increase revenues by optimizing the occupancy rate in comparison to the competitive set. The Motel 6 caters to a diverse clientele, attracting local patrons, destination visitors, military personnel, and transient highway travelers.
PROPERTY TAXES
| Parcel Number | R018527 | Improvements Assessment | $313,748 |
| Land Assessment | $83,276 | Total Assessment | $397,024 |
PROPERTY TAXES
