Days Inn by Wyndham Van Horn TX 600 E Broadway St 58 Room Hotel Van Horn, TX 79855 $3,600,000 ($62,069/Room) 14.63% Cap Rate

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Days Inn by Wyndham Van Horn, TX (‘Hotel’ or
‘Property’) located at 600 East Broadway Street in Van Horn, Texas. The economy Wyndham Hotels & Resorts–branded hotel is offered at $3,600,000, representing an
attractive 14.63% cap rate and a 2.84 Room Revenue Multiplier (RRM).
Situated on approximately 3.7 acres, the limited-service Hotel features 58 guest rooms across two stories and includes 94 parking spaces. The asset was originally
constructed in 1962, with substantial updates completed in 2011 and additional recent capital improvements. The Hotel offers a variety of common area amenities
designed to serve interstate travelers, workforce guests, and leisure visitors; including BBQ grills, bus and truck parking, RV parking, business center, EV charging
stations, outdoor swimming pool, and on-site guest laundry. The asset also includes an on-site owner's quarters, providing operational flexibility and potential cost
savings for an owner-operator or a hands-on investor.
The Property has undergone meaningful recent capital improvements, significantly reducing near-term capital needs. Interior and exterior paint was completed in
September 2023, and a comprehensive DAWN PIP was completed in 2024, including new furniture, fixtures, and equipment (FFE), interior paint, bathroom vanities, new
curtains, and updated signage. Additionally, a metal roof was installed in 2019, and two new UniMac washers were recently added to the laundry facilities.
Its location directly along Interstate 10 frontage road positions the Property to capture consistent transient traffic traveling between West Texas, El Paso, San Antonio,
and beyond. Interstate 10 serves as a major east–west freight and travel corridor, generating dependable overnight stays from commercial drivers, logistics crews, and
cross-country motorists. The Property also benefits from a blend of tourism and leisure demand, with attractions like Mountain View Golf Course, Clark Hotel Museum,
and Red Rock Ranch. The Hotel is also about a 30-minute drive from Blue Origin’s West Texas Launch Site, which drives lodging demand from aerospace personnel,
contractors, engineers, and event-related visitors tied to spaceflight launches and operations. Moreover, regional recreational demand is driven by Carlsbad Caverns
National Park and Guadalupe Mountains National Park, two major destinations that attract visitors from across the county, located just over an hour away.
Van Horn is a welcoming community in Far West Texas where rugged desert landscapes meet small-town character and regional connectivity. Serving as the county seat
of Culberson County and strategically positioned along Interstate 10, Van Horn functions as an important gateway between El Paso and the Permian Basin. While often
recognized as a travel corridor community, Van Horn also provides an affordable, community-oriented lifestyle supported by regional commerce and tourism activity. As
of January, the Texas West market reports trailing 12-month occupancy of 77.9 percent, an ADR of $76.90, and RevPAR of $60.06, underscoring steady regional
economic activity tied to travel, transportation, and West Texas commerce.