Hospitality Group

Avison Young Lists Comfort Inn - Las Vegas, NM

comfort inn las vegas nmAvison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the Comfort Inn (hereinafter "Property," or "Hotel"), a select service hotel located in Las Vegas, New Mexico. 

The Property is situated just off Canam Highway and is visible from Interstate 25. The Hotel is located near local tourist attractions such as Montezuma Castle, Las Vegas National Wildlife Refuge, Fort Union National Monument, and Pecos National Monument. Dining, shopping, and entertainment options like the Old-Town Historic District are near the Property. The Hotel offers easy access to a variety of outdoor activities such as fishing, bird watching, and windsurfing at Storrie Lake Park, skiing and snowboarding at nearby New Mexico ski resorts, and golfing at the Gene Torres Golf Course. Local businesses near the Hotel include Southwest Capital Bank, Tractor Brewing Company, and companies at the Dee Bibb Industrial Park. 

The Property is a two-story, interior corridor hotel which was opened in August 1991. The Hotel has a lobby, reception and breakfast area, cold weather hook-up, an indoor pool, exercise room, hotel-wide WiFi. The Property offers 97 nonsmoking guestrooms with king and queen beds that include flat-screen televisions, WiFi, microwave, mini-refrigerator, and coffee maker. Comfort Inn standard amenities are provided in all guestrooms.

Property Highlights

  • 97 non-smoking guestrooms
  • Two-story, interior corridor building, opened in 1991
  • Great visibility from Canam Highway and Interstate 25
  • Near local area businesses such as Southwest Capital Bank, Tractor Brewing Company, and the Dee Bibb Industrial Park

Upside Potential 

  • Opportunity to acquire well branded Choice product at below replacement cost
  • Strong cash flow and NOI
  • Property can be relicensed 
  • Located near area demand generators

Financial Highlights

Price - $5,495,000

Price per Key - $56,649

Number of Rooms - 97 

For more information on this listing, contact Chris Stark at 503-621-8530 or [email protected]

published: 09-14-2017

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