For Sale
$5,100,000

26147 U.S. 70 Ruidoso Downs, NM 88346

Profitable Ruidoso, NM hotel for sale

Property Records

Overview

Added:
Jan 28
Days on market:
91
This 63-room La Quinta Inn & Suites, located in Ruidoso, New Mexico, presents a compelling investment opportunity. Built in 2007, this interior corridor hotel boasts a prime location along State Route 48 and 70, offering convenient access for travelers. Amenities include a complimentary breakfast, business center, indoor pool, and fitness center. The property features a total building size of 31,500 square feet. Situated in the scenic Sierra Blanca Mountain range, Ruidoso is a popular mountain resort town known for its natural beauty and recreational opportunities, including proximity to the Lincoln National Forest, Ski Apache, and the Ruidoso Downs Race Track. The hotel benefits from a strong RevPar index of 101.6%, making it a standout in its competitive set as the only Wyndham-branded property. This absentee-owned and operated hotel is offered by a motivated seller, presenting a rare chance to acquire a well-established and profitable hospitality asset in a desirable location. The property has recently undergone minor renovations as part of a PIP transfer.

Highlights

  • 63-room La Quinta Inn & Suites in Ruidoso, NM, seeking qualified investors.
  • Built in 2007, this Wyndham-branded hotel offers amenities including an indoor pool and gym.
  • Located near popular attractions like Ruidoso Downs Race Track and Ski Apache.

Property Details for 26147 U.S. 70

Property type
Hotels, Hospitality properties
Square Feet
31,500 SF
Price / Square Foot
$161.90
Year Built
2007
Buildings
1
Stories
3
Elevators
N/A
Units
63

Location Insight

City
Ruidoso Downs
County
State
New Mexico

FAQs

What type of property is this?
Hotel - Profitable Ruidoso, NM hotel for sale
Where is the hotel located?
The property is located at 26147 U.S. 70 Ruidoso Downs, NM.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: 63-room La Quinta Inn & Suites in Ruidoso, NM, seeking qualified investors.; Built in 2007, this Wyndham-branded hotel offers amenities including an indoor pool and gym.; Located near popular attractions like Ruidoso Downs Race Track and Ski Apache.
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26147 U.S. 70
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