Motel 9

Las Cruces , New Mexico, 88005

$2,700,000 active
  • 103 Beds
  • 103 Baths
  • 33938 SQFT

  Property Highlights

  • High Barrier to Entry
  • Multifamily Conversion Opportunity; Kitchenettes Available
  • Price Well Below Replacement Costs
  • SBA 7(a) & 504 Financing Available
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Property Description

Las Cruces Real Estate — Commercial is pleased to present the sale of the Motel 9 in Las Cruces, New Mexico. This 2-story, 103 unit, exterior corridor property is located right off Interstate 10. With 40 ft. signage that is visible from the highway, the Motel 9 is hard to miss. This property sits on 2.18 acres and has the potential to be converted to Multifamily, student/veteran housing, etc. The property is situated in between New Mexico State University and Downtown Las Cruces.