- For Sale $13,500,000
- Property Type Retail
- Additional Rent Contact for pricing
- Year Built 2022
- Date Updated Jan 12, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- 30 rooms equipped with kitchenettes, providing the opportunity to capitalize on extended stay market share and diversifying potential customer base.
- 2022 built asset, new construction with no expected PIP cost. All brand new FF&E with spacious and modern breakfast and lobby areas.
- Close proximity to Loop 375 and HWY 10. Provides easy access for transient travelers and opening exposure to the property with high visibility from El Pasos major beltline.
- 46.2% NOI after reserves. Stabilized expenses and reduced rooms expense from extended stay customers
- 11% CAP rate after reserves, providing high returns with either Conventional or SBA financing while retaining funds for future renovations. Ideal for the long or short term investor. 21.8% in place return.
- Quick access to many quick service and sit down restaurants, within walking distance. Favorable for quick overnight travelers and enough options for those choosing a longer stay.
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Contacts
Location
Getting Around
-
Walk Score ®
35/100 Car-Dependent -
Transit Score ®
27/100 Some Transit -
Bike Score ®
34/100 Somewhat Bikeable
- City El Paso, TX
- Neighborhood Las Tierras
- Zip Code 79938
- Market El Paso
Points of Interest
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Circle K
0.13 miles
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Murphy Express
1.04 miles
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Speedway
1.23 miles
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Valero
1.33 miles
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Tesla Supercharger
6.24 miles
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Parking lot D
4.86 miles
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Parking lot E
4.89 miles
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Parking lot F
4.91 miles
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Parking lot C
4.93 miles
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Parking lot G
4.96 miles
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Parking lot B
4.99 miles
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Parking lot A
5.05 miles
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Parking lot K
5.11 miles
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Parking lot J
5.13 miles
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Parking lot I
5.16 miles
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Pizza Hut
1.01 miles
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McDonald's
1.04 miles
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Little Caesars
1.05 miles
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El Cometa
1.08 miles
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Katsura
1.10 miles
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Applebee's
1.12 miles
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Banh Mi Nuoc Mia Papa Hon
1.21 miles
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Halo Halo Filipino Food
1.21 miles
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Little Shack
1.22 miles
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D's Caribbean Cuisine
1.22 miles
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Vista Markets
0.78 miles
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JCPenney
0.85 miles
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Walmart Neighborhood Market
0.95 miles
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Target
1.39 miles
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Marshalls
1.46 miles
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Ross
1.51 miles
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Walmart Supercenter
1.59 miles
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Papa's Fruit Store
2.00 miles
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Albertsons
2.17 miles
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Big Lots
2.71 miles
Frequently Asked Questions
The space currently listed for sale at La Quinta Inn & Suites El Paso East Loop-375 asks for $13,500,000.
La Quinta Inn & Suites El Paso East Loop-375 totals 2 square feet.
La Quinta Inn & Suites El Paso East Loop-375 was built in 2022.
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