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6655 Gateway Blvd El Paso, TX 79925

132-Room Hotel, High Occupancy

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional investment opportunity presents a fee-simple ownership of the Best Western Plus El Paso Airport Hotel & Conference Center. Located in El Paso, Texas, at 6655 Gateway Blvd W, zip code 79925, this two-story hotel features 132 keys within a 104,591 square foot building constructed in 1963 and renovated in 2017. The property benefits from its strategic location in El Paso County, a major metropolitan area situated at the intersection of three states (Texas, New Mexico, and Chihuahua, Mexico) and boasts a significant bilingual and binational workforce. El Paso's robust economy and its position within the Paso del Norte/Borderplex region, a combined international metropolitan area with over 2.7 million people, contribute to strong demand for hospitality services. The hotel itself offers a substantial 4771 square foot event space, ideal for weddings and conferences, further enhancing its revenue potential. The property's strong performance is evidenced by its nearly 88% occupancy rate and a year-to-date RevPAR of $85.62, projecting near $4.125 million in revenue by year-end. This represents a rare opportunity to acquire a well-established, high-performing hotel in a dynamic and growing market. Detailed financial information and due diligence documents are available upon request with proof of funds.

Highlights

  • Fee simple ownership of the Best Western Plus El Paso Airport Hotel & Conference Center.
  • 132-key, two-story hotel totaling 104,591 square feet.
  • Built in 1963, renovated in 2017.
  • Located at 6655 Gateway Blvd W, El Paso, TX 79925, near the El Paso International Airport.
  • Features a 4,771 square foot event space.
  • Strong financial performance with a year-to-date RevPAR of $85.62 and projected year-end revenue nearing $4.125 million, and approximately 88% occupancy.

Property Details for 6655 Gateway Blvd

Property type
Hospitality properties, Hotels
Square Feet
104,591 SF
Year Built/Renovated
1963/2017
Buildings
1
Stories
2

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7797922
Longitude
-106.3932017

FAQs

What type of property is this?
Hospitality property - 132-Room Hotel, High Occupancy
Where is the hospitality property located?
The property is located at 6655 Gateway Blvd El Paso, TX.
What are key features of this property?
This property features: Fee simple ownership of the Best Western Plus El Paso Airport Hotel & Conference Center.; 132-key, two-story hotel totaling 104,591 square feet.; Built in 1963, renovated in 2017.
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6655 Gateway Blvd
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