900 Yarbrough DrEl Paso, TX 79915

Property Details for 900 Yarbrough Dr

Year built

1985

Construction

WOOD

Lot size

3.80 AC

Property size (Sq ft)

27,216 SF

Zone code

C3S

Property type

Other commercial real estate

APN

S029-999-0150-0150

APU

S02999901500150

Description

This exceptional 187-key hotel presents a compelling investment opportunity in El Paso, Texas. Boasting a substantial 89,472 square feet, the property is situated on a 3.8-acre lot and features three stories with exterior corridors. Built in 1985 and renovated in 2020, this limited-service hotel offers a strong net operating income (NOI) of $1,132,252, translating to a highly attractive 10.62% capitalization rate. The asking price is $10,659,000, or $57,000 per key. Conveniently located near El Paso International Airport (ELP), with easy access to Interstate 10, the hotel benefits from proximity to numerous restaurants and retail establishments, including Applebee's, Pizza Hut, Circle K, and McDonald's. The property is zoned C and offers significant potential for continued success in a thriving market. This is a rare chance to acquire a well-maintained, high-performing hotel with excellent location and strong financial metrics. The property's size, location, and strong NOI make it an ideal addition to any investment portfolio. The recent renovation ensures the hotel is well-equipped to meet current market demands.

• Alternative Use

  Use

  Valuation

  Residential

  $3,086,650

  Hospitality

  $2,827,355

  Educational

  $2,352,326

  Medical

  $2,433,226

  Retail

  $3,659,174

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7505

Longitude

-106.345

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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