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32235859
32235860

1820 South 1st Street, Artesia, NM 88210 For Sale

SP
CA 01219756
Amber Hotel Company
Listed by Amber Hotel Company
$1,750,000
78 days on market
Updated 9 days ago

Motel 6 Artesia

Details
Property Type Hospitality
Sub Type Motel
Keys 34
Cap Rate 15.00%
Brand/Tenant Motel 6
Year Built 1958
Year Renovated 2024
Stories 1
Acreage 0.820

34 room hotel in southeastern New Mexico previously operated as an independent hotel.

Marketing description

The Motel 6 in Artesia is a 34 room hotel in southeastern New Mexico. It is an attractive investment opportunity for an owner-operator who can step into a completely renovated property with strong in-place revenue and opportunity for continued growth.

The hotel was previously operated as an independent hotel. In October 2024 ownership branded the property with Motel 6 and fully renovated the hotel to the latest Motel 6 design standard (Gemini) saving substantial cost to new ownership. With renovations now completed revenue at the hotel is growing and the business is well-positioned for new ownership to continue developing this growing business.

With 34 rooms, the hotel is a manageable-sized operation for an owner-operator with minimal staffing needs. The hotel includes a manager's apartment allowing for efficient onsite management.

Motel 6 is a well-regarded economy brand with low overhead costs. The hotel is well-positioned as the only economy-scale brand in the Artesia market.

Artesia is located in southeastern New Mexico and has four primary economic drivers: oil & gas production, oil refining, the Federal Law Enforcement Training Center, and Agriculture. It is a major hub for oil and gas production in the Permian Basin and is home to HF Sinclair Refinery which has a crude oil capacity of 100,000 barrels per day. Artesia is home to one of four Federal Law Enforcement Training Centers in the U.S. where federal agents, including border patrol, are trained, bringing a regular flow of personnel to the area. Agriculture is also an active part of the economy, and the surrounding valley is home to some of the largest pecan orchards in the world. The local economy is very strong: the unemployment rate in the Artesia area is well below the national average and household incomes are among the highest in the state. Artesia features plenty of sunshine year-round and very mild winters.

Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visit

Investment highlights

  • 34 Rooms, On-Site Manager's Apartment
  • 2025 Net Income $277,589 (15% Cap Rate)
  • Turnkey: Fully Renovated to Latest Motel 6 Design Standard (Gemini)
  • Well-Positioned as the Only Economy Brand in its Market
  • Ideal Investment Opportunity for an Owner-Operator

Listing Contacts

SP
CA 01219756
Amber Hotel Company
Listed by Amber Hotel Company

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