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PROPERTY DETAILS Last Updated: 2/15/2010
New La Quinta-El Paso, TX.
Offered By Top ^
NWH Management
Toby Tucker 214-855-0808
Demographic Information Top ^
Address
City/State El Paso, Texas
Postal Code 79924
Country United States
Region US - Southwest
View Maps
Click Here
General Information Top ^
Franchise La Quinta Inn
Property Type Limited Service
Market Type Interstate
Number Of Rooms 67
Year Built 2009
Terms Of Sale Negotiable
Listing Status Open
Hotel Web Site
Property Description:
Brand new 67 room La Quinta Inn & Suites in North El Paso, TX. along the Expressway, and nearTrans Mountain pass and Fort Bliss Military Base. LA Quinta has made a tremendous name for itself in the mid-cost limited service sector, and there are very few new build markets available in major metro areas such as El Paso. Texas is a very strong market for hotels, and most Seller's are demanding upwards of five times revenue for their hotels. First year end sales projected at over $1.4M.
Location Description:
Fantastic brand new 67 room La Quinta, one of the franchises attractive new interior prototypes. Very few competitors in the north area of El Paso, and no other hotels in this zip code. An owner can take advantage of a vastly growing population and Fort Bliss Military Base.
Interior/Exterior Top ^
Lot Acreage 1.4
Building Sq. Feet
Banquet Capacity None
Corridor Interior
Performance & Results Top ^
Trailing 12 mo. Prior Year End
Occupancy (%) 75 % %
ADR $75 N/A
REVPAR $55 N/A
Room Revenue $1,403,000 N/A
Total Revenue $1,403,000 N/A
NOI $658,496 N/A
Asking Price (USD) $4,800,000

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