6789 Boeing Dr El Paso, TX 79925

This exceptional investment opportunity presents a 188-key Hawthorn Suites by Wyndham hotel located at 6789 Boeing Dr, El Paso, TX 79925. The property, built in 1994 and renovated in 2012, sits on a 154,817 sq ft lot and boasts 82,427 sq ft of space across three stories in one building. The hotel features 222 parking spaces and offers significant event space, perfect for weddings and other large gatherings. This leasehold property, with a ground lease expiring October 31, 2052 (28 years remaining), is situated in a prime location near the El Paso International Airport and major transportation routes, including Interstate 10. The property benefits from its proximity to key demand generators and a strong local economy within the growing Eastside neighborhood of El Paso, a city with a population exceeding 678,000 and part of a larger binational metropolitan area. The hotel's current performance demonstrates strong potential, with a year-to-date RevPAR of $66.66 and projected year-end revenue nearing $4.5 million, and an occupancy rate of nearly 66%. The property is free from debt and management ties, offering significant potential for increased revenue and reduced expenses. All due diligence documents are available upon proof of funds.