2600 S Valley Dr, Las Cruces, NM 88005

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Building Details:

• Year Built: 1974

2600 S Valley Dr is located in Las Cruces, NM.

Teakwood Inn & Suites is a outstanding project for a re-model or a complete re-build.
At only $41.7K per key, a new owner could spend up to $4MM in a complete re-model and only be at $72K per key. There is also room for a restaurant located in the existing site.
The location is excellent, freeway access (I-10),very high visibilty,located 1/4 mile from the brand new Las Cruces Convention Center, located 1 mile from New Mexico State University, and is located in a very high traffic count area.
A proposed overall site plan is included and includes a new hotel and 4 sites for restaurant pads. With 4.4121 acres and another possible 1.2 acre that the Seller would include will make this property 5 acres of Supreme Hospitality.