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Hotels for Sale |
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Motels for Sale |
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Best Western Mimbres Valley Inn for Sale
Deming, New Mexico
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Property Description
The Best Western Mimbres Valley Inn has easy access on and off Interstate 10.
The property sits on approximately 5.88 acres of fee simple land (owned). |
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Deming, New Mexico has grown 20% since the 1990 census.
Because of Deming’s altitude (4,431 feet), summers are characterized by moderately warm days. Winters are noted for their clear skies and sunny weather. Daytime temperatures, even during the coldest months, average well into the 50’s. The high is 82.1 degrees with the hottest month being July and the coldest month being December with a low of 30.5 |
The Best Western Mimbres Valley Inn in Deming, New Mexico opened new in 1992.
The property consists of three building, two housing the guest rooms and one free standing with the lobby, laundry, storage and living quarters. |
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The property has a two-bedroom one bath, living room and kitchen owner/manager living quarter.
The laundry room consists of two commercial Unimac washers and two commercial Unidryers.
The property also has plenty of storage. |
Room Configuration:
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| Double/Queen |
36 |
| King |
4 |
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| Total |
40 |
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Renovations include the following:
2004: Parking lot resurfaced
2005: New flagstone surface for the outdoor swimming pool area, All exterior repainted, lobby was carpeted, and new phones were installed.
2006: All guest rooms received new microwaves and refrigerators; all interior guestrooms were repainted and all rooms received new drapes, cornices, sheers, coverlets, dust ruffles and new carpet. |
Financial Summary
| Price |
$2,500,000 |
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| Number of Units |
40 |
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| 12 Months Ending |
December 2005 |
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| Room Revenue |
$781,546 |
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| Occupancy |
79.89% |
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| Average Daily Rate |
$67.42 |
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| Net Operating Income |
$467,270 (add backs included) |
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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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© Hotels for Sale and Motels for Sale Group -
International Hotel Brokers Network |
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