Hotels for Sale

La Quinta Inn Las Cruces – Mesilla Valley, NM

Address:
Las Cruces, New Mexico
Description:
  • Fee simple interest in the corporately owned and managed 139-room La Quinta Inn Las Cruces Mesilla Valley offered at a fraction of replacement cost
  • Property offered for individual sale as part of a larger 17 asset corporate portfolio sale, including properties in Nebraska, Ohio, Indiana, Kansas, New York, Pennsylvania, New Mexico and New Jersey
  • Available unencumbered of debt and management with the ability to retain the La Quinta brand with a new long-term license agreement with Wyndham
  • Significant operating improvement prospects following completion of the pre-negotiated La Quinta PIP and more hands-on ownership
  • Situated along Interstate-10 with approximately 33,000 vehicles passing the location daily
  • Ideally located approximately two-miles from New Mexico State University and all broader Las Cruces demand generators including¬†White Sands Missile Range, Aggie Memorial Stadium, and Memorial Medical Center

Listing Agents

Kami Burnette
T | 512.831.5605
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