- Seller Financing Available: Please contact listing agent for more information.
- Prime Hotel Investment Opportunity: The La Quinta Inn by Wyndham El Paso West, a 130-room hotel, is listed for $5,500,000 ($42,308 per key). Located at 7550 Remcon Circle, the property is accessible via I-10 and features an outdoor pool and guest laundry.
- Strategic Location with Strong Traffic: Situated in El Paso, Texas, the property is in a region with a population of over 868,000 and benefits from high traffic volume, with 75,000 vehicles passing daily on I-10.
- Sustained Market Growth: As of January 2025, the revenue per available room (RevPAR) in the El Paso hospitality market experienced a 1.4% increase year-over-year, with the upper midscale segment achieving a 2.6% growth over the same period. This growing market positions the property for sustained revenue increases, enhancing the property's cash flow and profitability.
- Economic Growth Drivers: El Paso's economy is bolstered by major industries such as healthcare, retail, and manufacturing, along with a key military presence, including Fort Bliss and several Fortune 500 companies.
- Proximity to Key Amenities: The hotel is located near cultural and recreational attractions, such as Franklin Mountains State Park, the El Paso Museum of Art, and the El Paso Convention Center, providing ample opportunities for guest entertainment.
- Near Event and Sports Venues: The property is within proximity to the El Paso Convention Center (8.1 miles), offering 80,000 square feet of event space, Southwest University Park (1.7 miles), home to the El Paso Chihuahuas, and Sun Bowl Stadium (8.1 miles), a historic venue for the annual Sun Bowl game and other major events.
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the La Quinta Inn by Wyndham El Paso West (‘Hotel’ or ‘Property’) located in El Paso, Texas. The Wyndham Hotels & Resorts-branded Hotel is offered at $5,500,000 or $42,308 per key. Please contact the listing agent for more information.
The La Quinta Inn by Wyndham El Paso West is a three-story, exterior corridor hotel with 130 rooms at 7550 Remcon Circle in El Paso, Texas. The hotel is easily accessible from Interstate 10, which sees an annual average daily traffic of approximately 75,000 vehicles. On-site amenities include an outdoor pool and patio and on-site guest laundry.
As of January 2025, the revenue per available room (RevPAR) in the El Paso hospitality market experienced a 1.4% increase year-over-year, with the upper midscale segment achieving a 2.6% growth over the same period. This growing market positions the property for sustained revenue increases, enhancing the property's cash flow and profitability.
El Paso, Texas, part of the El Paso Metropolitan Statistical Area (MSA), includes El Paso and Hudspeth counties and has a population exceeding 868,000. The city’s economy is driven by government, healthcare, retail, and manufacturing, with its strategic location along the U.S.-Mexico border making it a key international trade hub. As a major port of entry, El Paso plays a crucial role in cross-border commerce and continues to expand its logistics and transportation sector. This is supported by a strong highway network, including Interstate 10 (I-10), a vital east-west corridor, U.S. Highway 54 (Patriot Freeway) for north-south travel, and Loop 375 (Transmountain Road), which enhances connectivity across the city. El Paso International Airport (15.5 miles) provides critical air travel and cargo services for the region.
El Paso boasts a strong federal and military presence, with key installations like Fort Bliss, William Beaumont Army Medical Center (22.8 miles), and Biggs Army Airfield. Fort Bliss (15.2 miles), one of the largest military installations in the country, remains a significant economic driver, contributing approximately 47,628 jobs to the local economy. Additionally, nearby facilities such as Holloman Air Force Base and White Sands Missile Range, although located in neighboring New Mexico, further contribute to the region’s military infrastructure and economic stability. These installations play a vital role in supporting military operations and providing employment opportunities in the area. The city also hosts key employers such as El Paso Electric (25.9 miles), Western Refining (1.1 miles), and Marathon Petroleum El Paso Refinery (14.0 miles), along with more than 70 Fortune 500 companies, including ADP (5.3 miles), Charles Schwab (5.2 miles), and Raytheon (15.4 miles).
Higher education plays a vital role in El Paso’s economy. The University of Texas at El Paso (6.9 miles, over 24,000 enrolled) serves as a major research university, driving innovation and workforce development. El Paso Community College (8.3 miles) provides accessible education and vocational training, ensuring a steady talent pipeline for local industries. These institutions not only educate the workforce but also attract students and professionals, stimulating economic activity and supporting El Paso’s business sector.
El Paso is a regional healthcare hub, home to several major medical institutions that enhance the quality of care while contributing significantly to the local economy. University Medical Center of El Paso (12.4 miles) serves as the region’s only Level I trauma center and plays a crucial role in medical services and employment. The Hospitals of Providence (7.5 miles) provide comprehensive healthcare services across multiple campuses. William Beaumont Army Medical Center (22.8 miles) supports military personnel and their families, while El Paso Children’s Hospital (12.4 miles) specializes in pediatric care. Additionally, the city hosts the Medical Center of the Americas (12.7 miles), the sole medical research and care provider complex in West Texas and Southern New Mexico, reinforcing El Paso’s role as a leader in healthcare and medical innovation.
El Paso offers a mix of cultural, historical, and entertainment attractions. Franklin Mountains State Park (9.0 miles) provides hiking, biking, and rock climbing, while the El Paso Mission Trail (20.5 miles) showcases some of Texas' oldest missions. The El Paso Museum of Art (8.4 miles) and Plaza Theatre (11.1 miles) highlight the city's arts scene, while the El Paso Zoo and Botanical Gardens (11.8 miles) features over 220 species. The Chamizal National Memorial (10.8 miles) commemorates a historic U.S.-Mexico border resolution, and the Scenic Drive Overlook (8.4 miles) offers panoramic views of El Paso and Ciudad Juárez. Additional attractions include Sunland Park Racetrack & Casino (3.8 miles), The Outlet Shoppes at El Paso (5.5 miles), and The Shoppes at Solana (2.8 miles). The Sun Bowl (7.1 miles) is an iconic outdoor football stadium on the University of Texas at El Paso (UTEP) campus, offering stunning views of the Franklin Mountains. It hosts the annual Sun Bowl, one of the oldest and most prestigious college football bowl games. Additionally, the El Paso Convention Center, just 8.1 miles away, offering 80,000 square feet of space for trade shows, concerts, and conventions. Additionally, Southwest University Park, home to the El Paso Chihuahuas, is 8.1 miles from the stadium, featuring a modern 9,500-seat ballpark with premium amenities.
