2700 Mabry Dr, Clovis, NM 88101

Commercial property for lease

• Description
• The Days Inn & Suites of Clovis, N.M. is a 114-room, exterior corridor, limited-service hotel. Common area amenities include parking for cars and buses, outdoor swimming pool, business center, meeting room, and guest laundry facilities. With recent renovations, the property is a turnkey asset, operated by third-party management. Giving a new owner/operator substantial upside to run an aggressive hands-on operation.The hotel is experiencing a strong upward revenue trend: its revenue is up around 35 percent year-to-date compared to 2016. The hotel is gaining healthy increases in both ADR and Occupancy levels.This is an excellent opportunity for an investor to acquire a turnkey and stabilized asset with substantial upside, well-below replacement cost. Building price details: $3,950,000.
• Contact info
• Matthew Reeves

  Marcus & Millichap
• Note

• Details Info about this row that located on 2700 Mabry Dr, Clovis, NM 88101 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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