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Faits saillants de l'investissement
- 34 Rooms, On-Site Manager's Apartment
- Turnkey: Fully Renovated to Latest Motel 6 Design Standard (Gemini)
- Ideal Investment Opportunity for an Owner-Operator
- 2025 Net Income $277,589 (14% Cap Rate)
- Well-Positioned as the Only Economy Brand in its Market
Résumé de l'annonce
The Motel 6 in Artesia is a 34 room hotel in southeastern New Mexico. It is an attractive investment opportunity for an owner-operator who can step into a completely renovated property with strong in-place revenue and opportunity for continued growth.
The hotel was previously operated as an independent hotel. In October 2024 ownership branded the property with Motel 6 and fully renovated the hotel to the latest Motel 6 design standard (Gemini) saving substantial cost to new ownership. With renovations now completed revenue at the hotel is growing and the business is well-positioned for new ownership to continue developing this growing business.
With 34 rooms, the hotel is a manageable-sized operation for an owner-operator with minimal staffing needs. The hotel includes a manager's apartment allowing for efficient onsite management.
Motel 6 is a well-regarded economy brand with low overhead costs. The hotel is well-positioned as the only economy-scale brand in the Artesia market.
Artesia is located in southeastern New Mexico and has four primary economic drivers: oil & gas production, oil refining, the Federal Law Enforcement Training Center, and Agriculture. It is a major hub for oil and gas production in the Permian Basin and is home to HF Sinclair Refinery which has a crude oil capacity of 100,000 barrels per day. Artesia is home to one of four Federal Law Enforcement Training Centers in the U.S. where federal agents, including border patrol, are trained, bringing a regular flow of personnel to the area. Agriculture is also an active part of the economy, and the surrounding valley is home to some of the largest pecan orchards in the world. The local economy is very strong: the unemployment rate in the Artesia area is well below the national average and household incomes are among the highest in the state. Artesia features plenty of sunshine year-round and very mild winters.
Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visit
The hotel was previously operated as an independent hotel. In October 2024 ownership branded the property with Motel 6 and fully renovated the hotel to the latest Motel 6 design standard (Gemini) saving substantial cost to new ownership. With renovations now completed revenue at the hotel is growing and the business is well-positioned for new ownership to continue developing this growing business.
With 34 rooms, the hotel is a manageable-sized operation for an owner-operator with minimal staffing needs. The hotel includes a manager's apartment allowing for efficient onsite management.
Motel 6 is a well-regarded economy brand with low overhead costs. The hotel is well-positioned as the only economy-scale brand in the Artesia market.
Artesia is located in southeastern New Mexico and has four primary economic drivers: oil & gas production, oil refining, the Federal Law Enforcement Training Center, and Agriculture. It is a major hub for oil and gas production in the Permian Basin and is home to HF Sinclair Refinery which has a crude oil capacity of 100,000 barrels per day. Artesia is home to one of four Federal Law Enforcement Training Centers in the U.S. where federal agents, including border patrol, are trained, bringing a regular flow of personnel to the area. Agriculture is also an active part of the economy, and the surrounding valley is home to some of the largest pecan orchards in the world. The local economy is very strong: the unemployment rate in the Artesia area is well below the national average and household incomes are among the highest in the state. Artesia features plenty of sunshine year-round and very mild winters.
Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visit
Faits sur la propriété
| Prix | 2 725 993 $ CAD | Taille du lot | 0,82 AC |
| Prix par chambre | 80 176 $ CAD | Taille du bâtiment | 14 169 pi² |
| Type de vente | Investissement | Nombre de pièces | 34 |
| Type de propriété | Services hôteliers | Nombre d’étages | 1 |
| Sous-type de propriété | Hôtel | Année de construction/rénovation | 1958/2024 |
| Classe d’immeuble | C | Corridor | Extérieur |
| Prix | 2 725 993 $ CAD |
| Prix par chambre | 80 176 $ CAD |
| Type de vente | Investissement |
| Type de propriété | Services hôteliers |
| Sous-type de propriété | Hôtel |
| Classe d’immeuble | C |
| Taille du lot | 0,82 AC |
| Taille du bâtiment | 14 169 pi² |
| Nombre de pièces | 34 |
| Nombre d’étages | 1 |
| Année de construction/rénovation | 1958/2024 |
| Corridor | Extérieur |
Pièce renseignements sur le mélange
| Description | Nombre de pièces | Taux quotidien | pi² |
|---|---|---|---|
| Guest Room | 34 | 84,97 $ CAD | - |
1 1
Relativement accessible à pied
20/100
Exceptionnellement adapté aux voitures
100/100
Relativement accessible en vélo
20/100
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Motel 6 Artesia | 1820 S 1st St
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