1040 N California St, Socorro, NM 87801

Commercial property for lease

• Description
• Marcus & Millichap has been selected to exclusively market for sale the Holiday Inn Express Socorro Hotel, a 77 unit, limited service, interior corridor, three story upper mid-scale hotel property built in 2007 and conveniently situated along Interstate 25. Consistently earning high rankings among customer satisfaction, the Holiday Inn Express Socorro is currently ranked #1 on TripAdvisor out of 15 hotels. This property presents an opportunity for an owner operator or third party management structure due to its strong revenue performance. With room sales consistently well above $2,000,000 this property demonstrates strong demand in Socorro and Southern New Mexico along Interstate 25 lo- cated one hour south of Albuquerque and two hours North of Las Cruces. Albuquerque currently has a population of over 560,000 residents and Las Cruces currently has over 100,000.With spacious guest rooms, the Holiday Inn Express includes high speed wireless internet, cable,an indoor pool and hot tub, on-site fitness facility, daily housekeeping, safe deposit box and individually controlled climate control. Additional amenities on the property include a business center, meeting room, and a delicious complimentary breakfast. Building price details: $7,000,000.
• Contact info
• Matthew Reeves

  Marcus & Millichap
• Note

• Details Info about this row that located on 1040 N California St, Socorro, NM 87801 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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