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2210 W Pierce St
Carlsbad, NM 88220

Price Upon Request

Hotel For Sale  •  40,000 SF

Property Details

  • Property Type Hotel
  • Total Building Size 40,000 SF
  • Lot Size 1.43 AC
  • Building Class C
  • Year Built 2007
  • Zoning Commercial
0 Transit Score
52 Walk Score

Highlights

TTM Aug 2024 room revenue: $2,555,381.34
2023 room revenue: $3,784,517.90
Aug 2024 YTD MPI: OCC $104.2% / ADR 116.3% / RevPAR 121.2%
Renovated in 2018 with $2,200,000 capex Formula Blue PIP resulting in little to no PIP to buyer
Convenient access to local attractions: Living Desert Zoo and Gardens State Park and Carlsbad Caverns National Park
Carlsbad is a hub of oil and gas production in the Permian Basin

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space
Devo Ragha 602-648-2700 NewGen Advisory
Devo Ragha 602-648-2700 NewGen Advisory