3470 Joe Battle Blvd | El Paso, TX 79938
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- LoopNet Team
3470 Joe Battle Blvd
El Paso, TX 79938
La Quinta Inn & Suites by Wyndham El Paso · Hospitality Property For Sale
·
44,898 SF
INVESTMENT HIGHLIGHTS
- • 30 rooms equipped with kitchenettes, providing the opportunity to capitalize on extended stay market share and diversifying potential customer base.
- • Close proximity to Loop 375 and HWY 10. Provides easy access for transient travelers and opening exposure to the property with high visibility from
- • 11% CAP rate after reserves, providing high returns with either Conventional or SBA financing while retaining funds for future renovations. Ideal fo
- • 2022 built asset, new construction with no expected PIP cost. All brand new FF&E with spacious and modern breakfast and lobby areas.
- • 46.2% NOI after reserves. Stabilized expenses and reduced rooms expense from extended stay customers
- • Quick access to many quick service and sit down restaurants, within walking distance. Favorable for quick overnight travelers and enough options for
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2022 |
| Building Class | B | Parking Ratio | 1.92/1,000 SF |
| Lot Size | 2.22 AC | Corridor | Interior |
| Building Size | 44,898 SF | ||
| Zoning | C4C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.22 AC |
| Building Size | 44,898 SF |
| No. Stories | 4 |
| Year Built | 2022 |
| Parking Ratio | 1.92/1,000 SF |
| Corridor | Interior |
| Zoning | C4C |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | H806-999-0040-01C0 | Improvements Assessment | $5,655,156 |
| Land Assessment | $1,344,844 | Total Assessment | $7,000,000 |
PROPERTY TAXES
Parcel Number
H806-999-0040-01C0
Land Assessment
$1,344,844
Improvements Assessment
$5,655,156
Total Assessment
$7,000,000
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