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Hotel for Sale in Deming New Mexico

Property Description

The Hotel for sale is located in the eastern part of the city of Deming, New Mexico off of US Highways 70 and 180 and Interstate 10. It is accessed from Interstate 10 off of Exit 85 or 82.

Hotel for sale in New MexicoEnlarge Image
Hotel LobbyEnlarge Image

Deming is located in the Southwestern part of New Mexico, 33 miles North of the Mexico border. Deming has been named a "Rock-Hunters Paradise."

 

The property was built in a "U" shape with three, two-story, exterior corridor, brick veneer buildings.

Hotel PoolEnlarge Image
Hotel RestaurantEnlarge Image

The hotel is situated on approximately 3.21 acres fee simple land with plenty of truck parking.

The property includes 60 (59 rentable) guest rooms, outdoor swimming pool, full cocktail lounge, restaurant, and banquet room.

There is a two room suite living quarters.

Hotel BarEnlarge Image
Meeting RoomEnlarge Image

CAPITAL IMPROVEMENTS (2nd Quarter 2011):

  • New Roof
  • Granite counter tops – 20 rooms
  • 32" Flat screen TV's – 20 rooms
  • Ice Machine
  • Carpet – 10 rooms

HOTEL AMENITIES:

  • Lounge
  • Live Entertainment
  • Restaurant/Coffee Shop
  • Laundry/Valet Services/Guest Laundromat
  • Vending Machines
  • Business Center
  • Conference Facilities
  • 24 Hour Front Desk
  • Ice Machine
  • Outdoor Pool

 

Guest RoomEnlarge Image
Guest RoomEnlarge Image

ROOM AMENITIES:

  • Refrigerators available in some rooms
  • Internet Access
  • Room Service
  • Television with Cable
  • Air Conditioned
  • AM/FM Alarm Clock
  • Hair dryers Available
  • Handicapped Rooms/Facilities/Ramp access
Financial Summary
Price $1,950,000  
Number of Units 60 (59 Rentable)  
     
12 Months Ending 12/2010 12/2009
Total Revenue $1,034,247 $1,133,409
Occupancy 52.85% 52.10%
Average Daily Rate $43.15 $43.57
NOI before Management $222,810 $276,284
 

 
Confidentiality Notice
The Owner is very sensitive to the disruption of the Property.
PLEASE DO NOT contact the property or its employees without prior arrangements with Scoggin Blue LLC.
 
 
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