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6645 Gateway BlvdEl Paso, TX 79925

102-Room Hotel, Fully Renovated, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
This fee-simple, 102-key Comfort Inn & Suites in El Paso, Texas, presents a compelling investment opportunity. The 52,888-square-foot, three-story hotel, situated on a 65,340-square-foot lot, underwent a complete renovation in 2024, eliminating any future PIP requirements. Built in 1963, this property boasts a prime location in El Paso County, at 6645 Gateway Blvd W, zip code 79925, near major transportation routes (Interstate 10 and Loop 375), shopping centers (The Fountains at Farah and Cielo Vista Mall), and medical facilities (Del Sol Medical Center and Hospitals of Providence East Campus). The hotel features amenities such as a fitness center and meeting space, designed to maximize guest satisfaction and profitability. Currently operating at nearly 80% occupancy, the property boasts a year-to-date RevPAR of $75.84 and projected year-end revenue nearing $2.8 million. This thriving El Paso location, within a rapidly growing area with a diverse population and strong local economy, offers significant potential for increased revenue and return on investment. The property is debt-free and unburdened by management contracts. All due diligence documents are available upon request with proof of funds.

Highlights

  • El Paso, TX, is a major US city (pop. 678,815), strategically located on the US-Mexico border, offering a large bilingual workforce.
  • The property enjoys a prime Eastside El Paso location in a high-growth area with a diverse population and strong local economy.
  • Nearby shopping destinations include The Fountains at Farah and Cielo Vista Mall.
  • Major medical facilities, such as Del Sol Medical Center and Hospitals of Providence East Campus, are conveniently located nearby.
  • Excellent access to Interstate 10 and Loop 375 provides high visibility and convenient commutes.

Property Details for 6645 Gateway Blvd

Property type
Hospitality properties, Hotels
Square Feet
52,888 SF
Year Built/Renovated
1963/2024
Buildings
1
Stories
3

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7803392
Longitude
-106.3940491
6645 Gateway Blvd, El Paso, Texas

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6645 Gateway Blvd
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