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11049 Gateway Blvd W

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Address: 11049 Gateway Blvd W, El Paso, TX 79935, USA

Texas + Hospitality

Created date: March 22, 2024

Date last updated: October 7, 2024

93 rooms arranged over 2 floors
Located off Interstate 10
Exterior Corridors
Del Sol Medical Center - 2 min drive
El Paso International Airport (ELP) - 10 min drive
El Paso Zoo and Fort Bliss are nearby
Offered at current Cap Rate - 11.45%
Offered at $48,280 per room
Renovated in 2022-2023

Property Description

Introducing an exceptional investment opportunity in the heart of El Paso! This charming hotel, boasting 93 rooms spread across 2 floors, is strategically situated just off Interstate 10, ensuring convenient access for travelers. With exterior corridors providing ease of movement, guests can enjoy seamless transitions throughout their stay. The hotel's prime location offers proximity to popular attractions such as the El Paso Zoo and Fort Bliss, catering to both leisure and business travelers alike. Additionally, the Del Sol Medical Center is merely a 2-minute drive away, providing convenience for medical tourists. For those arriving by air, the El Paso International Airport (ELP) is just a short 10-minute drive. This promising investment opportunity is offered at a competitive price with an attractive Caprate, promising substantial returns. Don't miss out on this chance to own a thriving hospitality business in a bustling city!

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Hospitality
Price:	$4,490,000
No. of Units:	93
Average Occupancy:	11.45
Year Built:	1978
Lot Size:	2.65 Sq ft
Opportunity Zone:	No
Price per unit:	$48,280
Property Website	Click Here