6645 Gateway BlvdEl Paso, TX 79925

  • Hospitality properties
  • 52,888 SF
For Sale

Property Details for 6645 Gateway Blvd

Year built
1963
Lot size
1.47 AC
Property size (Sq ft)
52,888 SF
Zone code
C3
Property type
Hospitality properties
Property subtype
Motels
APN
I427-999-0010-4550
APU
I42799900104550

Description

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.

6645 Gateway Blvd, El Paso, Texas

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7802
Longitude
-106.394
CBSA code
21340
CBSA name
EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$124,480
$961,151
$3,538,849
$4,500,000
-
$961,151
$3,538,849
$4,500,000

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