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Property Description:
Jigar “Jay” Desai and Ryan Bodine of NewGen Advisory are proud to present for sale the Quality Inn – Deming, NM, a prime investment opportunity within the midscale hotel market. Opened in 1972 and franchised by Choice Hotels International, Inc., the hotel features 115 rooms spread over 52,000 square feet and a two-story, exterior corridor design. Renovated in 2003, it boasts modern amenities, 133 surface parking spaces, and 1,170 square feet of meeting space, making it suitable for both business and leisure travelers.
Situated conveniently on 3.50 acres by the interstate, the Quality Inn – Deming, NM has a building FAR of 0.34 and is zoned for hospitality use. Deming’s strategic location near major transport routes and its proximity to local attractions enhance the property’s potential for asset appreciation and operational success in a community with a growing economy.
Location Description:
Deming is located in the Southwestern part of New Mexico, 33 miles North of the Mexico border, a land of an ever present sun and flowing desert rocks and cacti. Deming has been named a “Rock-Hunters Paradise.” The history of the area dates back nearly 1,000 years ago, when the Mimbres Indians, the first people known to inhabit the area, lived in villages along the Mimbres River and farmed the area. Primitive though they were in other respects, the pictures of daily life they painted inside their pottery reflect their gifted creativity and unsurpassed skill in reproducing likeness of animals and birds. Known throughout the world, some beautiful samples of the magnificent Mimbres Pottery are on display in the Deming Luna Mimbres Museum.
Investment Highlights
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