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  • Property Type
    HospitalityProperty Type
  • Total Rooms
    62Total Rooms
  • Year Renovated
    2018Year Renovated
  • Acres
    ~1.02 acAcres
  • Square Feet
    39,193 SFSquare Feet
  • City
    Ruidoso DownsCity

Description

26141 U.S. 70 presents a rare opportunity to acquire a well-appointed, 62-room hospitality asset in the heart of Ruidoso Downs. Occupying a 1.02-acre site along the busy U.S. 70 corridor, this 39,193-square-foot property was constructed in 2003 and underwent a comprehensive renovation in 2018, ensuring modern finishes and ongoing appeal to both leisure and extended-stay guests. With current occupancy hovering around 79%, the hotel delivers stable cash flow today and offers additional upside through targeted marketing and rate optimization.

The property’s thoughtfully configured guest rooms and public areas cater to a broad demographic, from overnight weekend travelers to mid-week corporate visitors. Recent capital improvements include refreshed interiors, upgraded mechanical systems and enhanced curb appeal, minimizing near-term capex requirements and providing a turnkey operation for an incoming owner-operator. Ample on-site parking and clear frontage on U.S. 70 ensure ease of access and strong visibility to passing traffic.

Ruidoso Downs is a proven tourism market anchored by the historic Downs at Ruidoso racetrack and year-round outdoor recreation in the Sacramento Mountains. The region’s strong leisure demand and limited branded hotel supply create a favorable competitive dynamic, while proximity to major regional attractions supports consistent occupancy and ADR growth. This hotel is well positioned to capture both transient and extended-stay segments, capitalizing on the area’s increasing visitor volume.

Offered for sale with no price or financing contingencies disclosed, 26141 U.S. 70 is an ideal acquisition for investors seeking a stabilized, mid-scale hospitality asset with immediate cash flow and value-add potential. Contact the listing broker to learn more about ownership structure, financial performance and available due diligence materials.

Offering Summary

  • Property Type
    Hospitality
  • Built
    2003
  • Total Acres
    ~1.02 ac

Documents

Property Address

26141 U.S. 70
Ruidoso Downs, NM 88346-9151

Property Details

  • Property Type
    Hospitality
  • Total Rooms
    62
  • Year Built
    2003
  • Year Renovated
    2018

Deal Team

Dinesh Rama profile image

Dinesh Rama

Co-Founder, Principal and Managing Broker
NewGen Advisory
AZ RE Lic. BR515223000