La Quinta
Stabilized, New-Vintage La Quinta with Strong Cash Flow and Expansion Potential
Marketing description
For an exceptional investment opportunity in the hospitality sector, look no further than the La Quinta located at 3470 Joe Battle Blvd Hotel, El Paso, TX 79938. This award-winning property offers 83 rooms with kitchenettes, ranking in the top 5% of all LQ hotels. Boasting a President's Award for 2023 and 2024, it promises impressive returns for investors keen on the thriving hotel market. With a strategic location and outstanding amenities, this hotel presents a lucrative chance to maximize ROI in the ever-growing hospitality industry. The property's current and pro forma financials indicate a strong performance, with a CAP rate of 9.47% (current) and 14.31% (pro forma), and appealing cash-on-cash returns of 13.13% (current) and 32.48% (pro forma). Don't miss out on this prime asset that stands out in the market for its potential and profitability.
Contact Info: [email protected], 818-334-2111
Register at: www.radcre.com
Loan financing/services: www.radcapgroup.com
Investment highlights
Newer-generation hotel asset (built 2022) with institutional-quality construction, positioned in El Paso’s rapidly growing East Loop 375 corridor.
This property is President Award winner for 2023 and 2024, ranked top 5% out of all LQ with
30 rooms kitchenette, it
Prime demand location near Fort Bliss, medical facilities, logistics hubs, and major employers, supporting stable year-round occupancy.
Significant corporate booking upside with the ability to drive up to ~$2.0M in annual corporate room revenue through negotiated accounts, direct booking, and reduced OTA reliance.
Modern amenities and brand positioning support strong ADR, guest satisfaction, and long-term competitiveness.
Favorable market dynamics with limited comparable new supply nearby and continued population and commercial growth in East El Paso.
Attractive financing and exit profile, appealing to both cash-flow and yield-driven investors seeking stabilized income with upside.
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