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1765 S Main St
Las Cruces, NM 88005

Price Upon Request

Hotel For Sale  •  48,066 SF

Property Details

  • Property Type Hotel
  • Total Building Size 48,066 SF
  • Lot Size 3.61 AC
  • Building Class B
  • Year Built 1945
  • Zoning C2
0 Transit Score
41 Walk Score

Highlights

68 units, two-story
$650,000+ NOI in 2024 | 10.4% cap rate | 2024 revenue: $1,655,776
Approved for auto transfer | Medallia scores of 917/1000
Population of 115,000 | Accessible from both I-10 and I-25
3-bedroom manager apartment
Additional revenue source available with restaurant and bar space that can be leased out

Amenities

  • Balcony
  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 76
Type: Surface
Included in Rent: Yes