BEST WESTERN PLUS Sally Port Inn & Suites, Roswell

2000 N Main Street, Roswell, NM 88201

Hotel / Motel For Sale

Price:: $7,500,000
No. Rooms:: 124
Building Size:: 140,000 SF
Price/Room:: $60,483.87
Property Type:: Hotel & Motel
Property Sub-type:: Full Service
Property Use Type:: Investment

Cap Rate:: 13%
Average Daily Rate:: $67
Corridor:: Interior
Lot Size:: 5 AC
Listing ID: 18348043
Last Updated: 14 days ago

Attachments

Brochure & Financials

Description

” The only full service hotel with comprehensive dining facilities in the Roswell market. The Hotel features two on-site restaurants, including the JD’s Patio & Grill and Rookies Sports Bar.
” Completed a full renovation in 2010.
” There are 42 years remaining on the ground lease; expiring on December 31, 2053.
” Best Western Plus franchise affiliation with a 3-Diamond rating.

” The Hotel is located in the heart of the commercial/retail district in the city of Roswell, adjacent to the New Mexico Military Institute.
” The property is just ten miles from the Roswell Airport and an airport shuttle is provided.
” Popular Roswell attractions such as the UFO International Research Museum and the Roswell Museum and Art Center are just a few minutes away.