2700 Mabry Dr
Clovis, NM 88101

Please Do Not Disturb or contact the hotel directly. All inquiries regarding this investment are to be directed toward the listing broker. Property tour and contact detail information. Property tours will be held by appointment, please contact the listing broker to schedule. Investment Highlights 114-Room, Exterior Corridor, Economy Hotel Located Directly Off US Highway 60 and 84 Less Than One Mile from Clovis Civic Center Less Than 10 Miles from Cannon Air Force Base Investment Overview The Days Inn & Suites of Clovis, N.M. is a 114-room, exterior corridor, limited-service hotel. Common area amenities include parking for cars and buses, indoor swimming pool, large fitness room, business center, meeting room, and guest laundry facilities. The property also features 2,909 square feet of rentable banquet and meeting space, and offers event-planning services, which contribute to additional hotel revenues. With recent renovations, the property is a turnkey asset, operated by third-party management. Giving a new owner/operator substantial upside to run an aggressive hands-on operation. The property has continued to grow in top line revenue since the full renovation of the property. A As of 9.21.2017 the property has outperformed the previous year by $160,000 plus. With the current top line and minimal PIP for the new investor, a leveraged 5 year return of 48.67% The hotel is experiencing a strong upward revenue trend: its revenue is up around 35 percent year-to-date compared to 2016. The hotel is gaining healthy increases in both ADR and Occupancy levels. This is an excellent opportunity for an investor to acquire a turnkey and stabilized asset with substantial upside, well-below replacement cost. Clovis is the county seat of Curry County, New Mexico. The city is situated just 10 miles west of the New Mexico/Texas border and 100 miles from Lubbuck, Texas. Days Inn & Suites Clovis is situated in close proximity to many area demand generators. It is less than two miles from Hillcrest Park Zoo and Hillcrest City Park, which hosts numerous local events that influence room demand. The property is also less than one mile from Clovis Community College, Eula Mae Edwards Museum of Art, and less than one mile and directly across the highway from Curry County Events Center and Curry County Fairgrounds. The hotel is also under 10 miles from Cannon Air Force Base, which op