Auction - Mar 3-5 | Studio 6 El Paso East 11049 W Gateway Blvd 93 Pièce Hôtel El Paso, TX 79935 1 391 500 $ CAD (14 962 $ CAD/Pièce)

Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/2928
Starting Bid: $1,000,000
Auction Event: March 3-5, 2026
Built in 1979, this economy Hotel features 93 guest rooms across two stories and is situated on 2.65 acres, encompassing approximately 37,452 square feet of gross building area. The Property offers essential amenities tailored to extended-stay guests, including fully equipped in-room kitchens, high-speed internet access, and public-access WiFi. Studio 6’s streamlined operating model and efficient staffing structure appeal to both owner-operators and investors seeking predictable revenue and lower operating overhead within the extended-stay economy segment.
Strategically located along the Interstate-10/Gateway corridor less than six miles from El Paso International Airport, the Property benefits from proximity to major employment, military, medical, academic, and retail demand generators. Fort Bliss, one of the largest military installations in the country (approximately 28,000 active-duty personnel and over 41,000 direct employees regionally), is located just 8.1 miles away and generates year-round lodging demand from soldiers, contractors, federal workers, and visiting families. Education institutions also contribute to consistent demand, including The University of Texas at El Paso (UTEP) (11.9 miles) and El Paso Community College (11 miles). With a combined enrollment of over 51,000 students, these institutions support lodging demand from academic programs, family visits, campus events, athletics, and short-term educational assignments. Moreover, the Property is ideally positioned to capture medical visitor demand near El Paso’s growing medical hub, including Del Sol Medical Center, University Medical Center, and Las Palmas Medical Center. Additional demand stems from the region’s expanding industrial and tech footprint, with Meta’s major data center development among the most notable. Representing a more than $1.5 billion investment, the project is expected to peak at 1,800 construction workers, with approximately 100 long-term employees, all generating multi-month extended-stay lodging and vendor travel.
Located in the westernmost corner of Texas, El Paso anchors an internationally connected metropolitan area composed of El Paso and Hudspeth counties. Bordering both New Mexico and the Mexican state of Chihuahua, the city plays a central role in the binational economy of the Paso del Norte region, which includes El Paso, Las Cruces, New Mexico, and Ciudad Juárez, Mexico. Together, these markets form one of the largest bilingual and binational labor pools in the western United States, supporting large-scale manufacturing, logistics, higher education, cross-border commerce, and government employment. With a population approaching 868,000 residents, El Paso continues to experience stable growth, driven by its strategic border location and strong industrial base. The economy is supported by nearly 500 manufacturing plants, major distribution networks tied to U.S.–Mexico trade, and a substantial corporate presence that includes Charles Schwab, Raytheon, Prudential, ADP, and Toro Company. Additionally, Cielo Vista Mall, El Paso Zoo, Keystone Heritage Park, and the El Paso Desert Botanical Garden further attract significant leisure travel to the region. Outdoor recreation opportunities also contributes meaningfully to the area’s economy, including El Paso Zoo, Keystone Heritage Park, El Paso Desert Botanical Garden, and Hueco Tanks State Park—a globally renowned destination for hikers, campers, and rock climbers.