2500 N White Sands Blvd | Alamogordo, NM 88310
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2500 N White Sands Blvd
Alamogordo, NM 88310
Suburban Studios Alamogordo · Hospitality Property For Sale · 58 Rooms
Executive Summary
-58-unit, two-story hotel with exterior corridors and all kitchenette rooms, on nearly one acre of land.
-Current gross revenue of $904,771, with a 16% year-over-year increase under third-party management. NOI of $358,997, resulting in an 11.6% CAP rate.
-Offers a 17.71% cash-on-cash return with current SBA market rates at 20% down.
-Significant potential for a hands-on owner to improve operations, increase ADRs, and reduce expenses.
-Can be delivered unencumbered by brand or converted into an Extended Stay America (ESA). Another possible option is to rebrand as Sonesta or maintain current branding with key money.
-Situated in Alamogordo, New Mexico, near key attractions such as White Sands National Monument, Holloman Airforce Base, and New Mexico State University.
-Current gross revenue of $904,771, with a 16% year-over-year increase under third-party management. NOI of $358,997, resulting in an 11.6% CAP rate.
-Offers a 17.71% cash-on-cash return with current SBA market rates at 20% down.
-Significant potential for a hands-on owner to improve operations, increase ADRs, and reduce expenses.
-Can be delivered unencumbered by brand or converted into an Extended Stay America (ESA). Another possible option is to rebrand as Sonesta or maintain current branding with key money.
-Situated in Alamogordo, New Mexico, near key attractions such as White Sands National Monument, Holloman Airforce Base, and New Mexico State University.
PROPERTY FACTS
| Price Per Room | $53,362 | Building Size | 18,700 SF |
| Sale Type | Investment | No. Rooms | 58 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1960 |
| Building Class | C | Parking Ratio | 3.53/1,000 SF |
| Lot Size | 0.97 AC | Corridor | Exterior |
| Price Per Room | $53,362 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.97 AC |
| Building Size | 18,700 SF |
| No. Rooms | 58 |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 3.53/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 58 | $79.00 | - |
PROPERTY TAXES
| Parcel Number | R015857 | Improvements Assessment | $484,608 |
| Land Assessment | $70,640 | Total Assessment | $555,248 |
PROPERTY TAXES
Parcel Number
R015857
Land Assessment
$70,640
Improvements Assessment
$484,608
Total Assessment
$555,248
zoning
| Zoning Code | Commercial |
| Commercial |
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