2500 White Sands Blvd Alamogordo, NM 88310

This exceptional 58-key hotel in Alamogordo, New Mexico, presents a compelling investment opportunity. Built in 2011, this two-story property features exterior corridors and all kitchenette rooms, situated on a nearly one-acre lot (APN R015857). The hotel boasts a strong financial performance, with a current gross revenue of $904,771 and a year-over-year increase of 16% under third-party management. The Net Operating Income (NOI) stands at $358,997, yielding an attractive 11.6% capitalization rate. Investors can expect a 17.71% cash-on-cash return based on current SBA market rates with a 20% down payment. The property's location near White Sands National Monument, Holloman Air Force Base, and New Mexico State University provides excellent access to a diverse range of clientele. This property offers significant upside potential for an owner-operator to enhance operational efficiency, increase average daily rates (ADRs), and reduce expenses. The hotel can be delivered unencumbered by brand affiliation, allowing for flexibility in rebranding strategies, such as converting to an Extended Stay America model, rebranding as Sonesta, or maintaining the current branding with key money. The property is zoned for commercial use and is located at 2500 N White Sands Blvd, Alamogordo, NM 88310. This is a rare opportunity to acquire a well-performing hotel in a desirable location with substantial growth potential. The asking price is $3,095,000.