Auction - Mar 3-5 | La Quinta 790 Avenida de Mesilla 139 Room Hotel Las Cruces, NM 88005 $1,039,830 CAD ($7,481 CAD/Room)

Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/2927
Starting Bid: $750,000
Auction Event: March 3-5, 2026
This upper midscale, limited-service hotel features 139 guest rooms across two stories and sits on approximately four acres. Constructed in 1980, the property operates under the Wyndham Hotels & Resorts umbrella and benefits from strong regional brand recognition and loyalty through La Quinta’s nationwide reservation network. The Hotel offers a variety of amenities appealing to both business and leisure travelers, including 500 square feet of meeting space, a fitness center, and an outdoor pool. Guest rooms are designed for comfort and convenience, each equipped with a microwave, mini-refrigerator, coffee maker, flat-screen HDTV, and workspace.
Strategically located in southern New Mexico’s Mesilla Valley, the Property enjoys direct access from Avenida de Mesilla and Interstate 10. The Hotel is also positioned just minutes from New Mexico State University (NMSU), a major economic anchor and one of Las Cruces’s largest employers and a consistent lodging demand generator. Additional institutional and corporate demand stems from White Sands Missile Range (WSMR), NASA’s nearby research and testing operations, and aerospace and defense contractors, which together drive recurring project-based and government travel. Healthcare, logistics, and public-sector employment also strengthen the area’s lodging stability, with MountainView Regional Medical Center, Mesilla Valley Transportation, and regional trucking and logistics firms creating steady demand. In addition to business and institutional travel, Las Cruces benefits from robust leisure and tourism demand driven attractions like the historic downtown Mesilla, Prehistoric Trackways National Monument, Dripping Springs Natural Area, and White Sands National Park, all within a short drive of the Hotel. With its convenient access to Las Cruces International Airport (LRU) and proximity to key destinations, the property captures a balanced mix of business, leisure, and group demand throughout the year.
Las Cruces, the second-largest city in New Mexico, serves as the economic and cultural anchor of the Las Cruces Metropolitan Statistical Area (MSA). Strategically positioned 40 miles north of El Paso, Texas, and 225 miles south of Albuquerque, the city sits at the crossroads of Interstate 10 and Interstate 25, two of the Southwest’s most critical commercial corridors. The region’s diverse economic base includes strong sectors in agriculture (notably pecan and chile production), renewable energy, aerospace, and government services. Another major contributor to the local economy is the region’s significant military presence, including White Sands Missile Range, Holloman Air Force Base, and Fort Bliss. Las Cruces also benefits from a strong healthcare and government employment base, with institutions such as Memorial Medical Center and MountainView Regional Medical Center generating year-round business demand. New Mexico State University (NMSU)—a major land-grant university with more than 14,000 students—drives substantial visitor traffic through academic events, athletic competitions, and industry conferences, especially in agriculture and space-related fields. Additional demand stems from the Las Cruces Convention Center, a state-of-the-art 72,000-square-foot venue hosting conferences, meetings, trade shows, and regional events.