Hotel For Sale • 40,000 SF
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 |