Best Western Mission Inn - Las Cruces, NM
About This Property
- 68 Units
- 2 Story Exterior Corridor Hotel with Outdoor Pool
- Room Revenue $1,578,000 in 2023 and $1,650,900 in 2022
- Rooms in Excellent Condition, Qualifies for Best Western Membership Auto-Transfer
- Highly Profitable
- Perfect for Owner-Operator; 3 Bedroom Manager's Apartment
- Restaurant and Bar/Nightclub are not in use currently, with Opportunity to Lease for Additional Income
- Fantastic location in 2nd Largest City in New Mexico, nearby to Interstate 10 & Interstate 25
- Diverse Mix of Demand Generators and Stable, Year-round Demand
The hotel is highly profitable, with revenues of $1,578,000 in 2023 and $1,650,000 in 2022 (PMS systems were changed over early in 2022). There is a 3 bedroom manager's quarters on site which makes it a perfect opportunity for an owner operator while allowing enough profit to afford a manager via remote ownership.
The hotel is in excellent condition and remains highly profitable, with strong reviews and excellent ratings online, and auto-transfer for Best Western's membership is expected. Room sizes are some of the largest in Las Cruces, approximately 370sq ft (+/-). The Property includes a Restaurant area that is only utilized as a breakfast room currently, along with a nightclub and bar that is not open currently (in the adjacent hexagonal building). There are also two Conference halls in the front building accommodating up to 40 guests along with a business center.
This Las Cruces, New Mexico hotel features the largest rooms in town with an authentic "mission" look with hacienda-style guest rooms, and serves a delicious complimentary hot breakfast buffet, as well as providing convenient access to the Rio Grande Trail and the White Sands Missile Range.
Only one mile from the Best Western Mission Inn, guests will be able to visit the Historic Old Mesilla and downtown Las Cruces offering a variety of shopping and dining. The famous Rio Grande Trail is a great place to take a hike and view the beautiful Organ Mountains and the Dripping Springs. The Aguirre Springs recreational area offers a relaxing atmosphere to picnic. New Mexico State University is also only three miles from the hotel, ideal for guests visiting students. Take part in one of the many events held in Las Cruces every year such as the X Prize in October, the Balloon Festival in February and Wine Festivals in both March and October.
This agreement (“Agreement”) is between Amber Hotel Company (“Amber”) and the undersigned party (“Buyer”) who is interested in buying investment real estate.
The investment real estate is exclusively listed for sale with Amber. Amber shall provide Buyer with related confidential information, subject to the terms and conditions of this Agreement.
By checking the below box and viewing this property, you agree that:
- The related confidential information is provided for the sole purpose of having a Buyer evaluate the purchase of the property for itself or its affiliates. Buyer and its affiliates shall keep the related information confidential, and not reproduce, distribute or disclose such information to third parties, except to the extent third party consultants, lenders, or other agents of Buyer are required, in which case such third parties will be held to the same confidentiality standards as Buyer. Amber shall not be responsible for the accuracy or completeness of the information provided, or for any loss or expense, whether direct or indirect, arising from Buyer’s or Buyer’s affiliate’s use and reliance on the information.
- The undersigned principal or any company or entity in which the undersigned principal has controlling interest, including real estate brokerage companies, shall not be paid any form of commission or fee by the owner of the property for the purchase of the property.
- All offers and purchase agreements for the property from Buyer or its affiliates shall be submitted through Amber. Buyer shall not contact the owner of the property directly or act either directly, indirectly, through any third parties including affiliates, clients or other brokers to circumvent the purpose of this Agreement. Amber may solicit, represent and accept offers for the property from other potential buyers without obligation to this Buyer. Buyer acknowledges that real estate brokers are not qualified as experts for legal, financial, accounting, environmental, construction, soils, geological or engineering advice.
This property information, market information, and other information on this page as well as any related documents have been provided by the seller or other outside sources. Interested parties are highly encouraged to verify the information independently. Amber has not independently verified any information.