MainStay Suites Carlsbad

3621 San Jose Blvd, Carlsbad, NM 88220

  • For Sale $14,000,000
  • Property Type Retail
  • Property Size 43,560 SF
  • Additional Rent Contact for pricing
  • Date Updated Nov 4, 2024

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Attachments

Highlights

  • 2020 built extended stay hotel with all suite style, large rooms. All rooms are outfitted with modern kitchen appliances and new FF&E
  • 11.5% Cap rate / 21.9% Cash on Cash Return on actuals including management an FF&E reserves
  • Qualifies for SBA, USDA, and Conventional lending
  • Market dominator in occupancy, with room for an experienced operator to maximize ADR
  • Guest amenities include full snack bar in lobby, furnished patio, guest laundry, loanable cooking appliances, and a full gym with locker rooms and showers
  • Close proximity to Carlsbad National Caverns. Around 500,000 visitors in 2023 - $25M economic benefit to Carlsbad

Contacts

broker

Josh Tammen

Marcus & Millichap Allred Hotel Group

broker

Johnny Casler

Location

Getting Around

  • Walk Score ®

    43/100 Car-Dependent

  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Carlsbad, NM
  • Zip Code 88220

Points of Interest

  • Chevron

    0.50 miles

  • Murphy Express

    0.93 miles

  • Exxon

    0.93 miles

  • USA Gasoline

    0.96 miles

  • Southwest LP Gas

    1.41 miles

  • Valero

    1.46 miles

  • Shell

    1.47 miles

  • Shamrock

    1.48 miles

  • Allsup's

    1.59 miles

  • Library Parking

    0.99 miles

  • PD Parking

    1.07 miles

  • Pizza Hut

    0.29 miles

  • El Charro

    0.34 miles

  • Burger King

    0.37 miles

  • Rosy's Mexican Resaurant

    0.38 miles

  • Danny's BBQ

    0.42 miles

  • Sonic

    0.45 miles

  • Sno To Go

    0.48 miles

  • La Regia

    0.52 miles

  • Lucy's

    0.55 miles

  • Pecos River Cafe

    0.75 miles

  • La Tienda

    0.26 miles

  • Walmart Supercenter

    0.97 miles

  • Albertsons Market

    1.65 miles

  • Ross

    2.01 miles

  • Carlsbad Mall

    2.70 miles

Frequently Asked Questions

How much does MainStay Suites Carlsbad cost?

The space currently listed for sale at MainStay Suites Carlsbad asks for $14,000,000.

What is the total square footage of MainStay Suites Carlsbad?

MainStay Suites Carlsbad totals 1 square feet.

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Contact MainStay Suites Carlsbad