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23475600
23475606

97 Camelot Dr, Ruidoso, NM 88345

RP
TX 639177
Mumford Company Dallas
Listed by Mumford Company Dallas
$4,850,000
377 days on market
Updated 97 days ago

Best Western Plus

Details
Property Type Hospitality
Sub Type Hotel, Motel
Keys 58
Beds 58
Cap Rate 10.95%
NOI $531,306
Occupancy 51.6%
Year Built 2003
Buildings 1
Stories 3
Investment Type Value Add

Ruidoso New Mexico Hospitality | 58 Keys | $87,931/key

Marketing description

Nestled in the picturesque Sierra Blanca mountains, the Best Western Plus Ruidoso Inn offers a rare opportunity to own a thriving 58-room hotel in Ruidoso, New Mexico—a dynamic four-season destination renowned for its natural beauty, outdoor adventures, and robust tourism economy. Priced at $5.1 million, this well-maintained property delivers exceptional value, blending modern amenities, strong brand recognition, and untapped growth potential in a high-demand market.

  • Strategic Location: Positioned on Camelot Drive, just minutes from Ruidoso’s premier attractions, including Ski Apache, Ruidoso Downs Racetrack, Inn of the Mountain Gods Resort & Casino, and the charming Midtown district.

  • Modern Comforts: Built in 2003, this three-story, interior-corridor hotel features 58 spacious guest rooms, an indoor heated pool, a state-of-the-art fitness center with Peloton equipment, a business center, guest laundry, a cozy breakfast area (seats 24), and outdoor gazebos with horseshoe pits for guest enjoyment.

  • Efficient Operations: Constructed with a wood-frame structure, stucco façade, pitched shingled roof, and ample asphalt parking, ensuring low maintenance and cost-effective management.

  • Brand Advantage: Affiliated with Best Western’s auto-transfer membership program, offering immediate access to a global loyalty network and enhanced marketability.

Investment highlights

DEAL FEATURES

  • Attractive Pricing: Offered significantly below replacement cost, providing instant equity and a compelling entry point for investors.

  • SBA Financing Eligible: Ideal for owner-operators seeking favorable financing terms to maximize returns.

  • Growth Upside: Positioned to capture additional market share through enhanced marketing and operational strategies, leveraging Ruidoso’s year-round tourism drivers.

  • Proven Performance: Benefits from consistent demand fueled by Ruidoso’s diverse attractions, including skiing, hiking, gaming, and cultural festivals, ensuring stable cash flow.

Listing Contacts

RP
TX 639177
Mumford Company Dallas
Listed by Mumford Company Dallas

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$531,306.00
$44,275.50/mo

Valuation Metrics

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DSCR
10.95%
Cap Rate
10.95%
ROI

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