SOLD

Motel 6 for sale in Carlsbad, New Mexico


 
80 Units Priced at $1,1000,000 Limited Service, franchised property in Southeastern New Mexico city. Demand generators include World famous tourist attraction Carlsbad Caverns along with agriculture, oil and gas, potash mines, Brantley Dam and a billion dollar low level Nuclear storage facility (the W.I.P.P. Site)

 
View of the rear of the property looking North. Two story exterior corridor with frame construction and stucco veneer. US Highway 62 and 180 runs in front of the property in the left background by the main Motel 6 sign.

 
The outdoor swimming pool is situated at the north end of the property next to US Highway 62 and 180. Fun City is adjacent with Days Inn in left background. Competing properties in the immediate area include the 50 unit Days Inn, 60 unit Super 8 and 122 unit Quality Inn along with 2 other 60 unit independents.

 
Property includes a vending area with 2 ice machines, guest laundry with 2 washers and 2 dryers and 1 bedroom Living Quarters.

 
Lobby and Front Desk were remodeled along with a new property management system at a cost of approximately $60,000 in 1998.

 
Typical 2 bed unit with wall hung furniture, blackout drapes, and individual electric HVAC units. Twelve units received new carpet in 1999.

 

Scoggin Blue & Associates LLC
505-523-7421

Fax 505-524-3699