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Property Description:
Suraj Rama and Jigar “Jay” Desai of NewGen Advisory are proud to present the Satellite Inn located in Alamogordo, NM, for sale. This economy-class hotel, built in 1971 and renovated in 2024, operates independently and sits on approximately 0.91 acres of commercially zoned land. The Satellite Inn features 35 rooms across a two-story design with a gross building area of 15,524 square feet, maintaining a typical floor size of 7,762 square feet. Each room benefits from exterior corridors, and the hotel’s construction is primarily masonry, enhancing its durability and appeal. The property offers ample parking with a ratio of 1.11 spaces per room across 39 surface spaces.
Location Description:
Alamogordo, NM is situated in the Tularosa Basin of the Chihuahuan Desert and is known for its connections to aerospace and the military, particularly through Holloman Air Force Base and the nearby White Sands Missile Range.
As the gateway to the unique White Sands National Park, the small metro town city attracts nature enthusiasts and offers a range of attractions, from the New Mexico Museum of Space History to the Alameda Park Zoo. Alamogordo continues to evolve with several exciting developments aimed at enhancing its appeal to tourists and is an appealing destination for both leisure and business travelers.
Investment Highlights
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Broker of Record
