6655 Gateway BlvdEl Paso, TX 79925

Property Details for 6655 Gateway Blvd

Year built

1963

Lot size

3.90 AC

Property size (Sq ft)

104,592 SF

Zone code

C3

Property type

Motels

APN

I427-999-0010-4500

APU

I42799900104500

Description

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.

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7798

Longitude

-106.393

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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