Active For Sale Hospitality

Holiday Inn Express & Suites Portales, NM

1901 W 2nd St, Portales, NM, 88130

ID 7f31d435

Overview

Do not disturb Operator or Staff, see broker for more information.Tammen Hospitality Partners is pleased to present the Holiday Inn Express & Suites Portales, a 65-room, three-story, interior-corridor hotel on 2.58 acres at 1901 W. 2nd Street (US 70) in Portales, New Mexico. Built in 2006 and renovated in 2018, the hotel offers 17 suites, an indoor pool and whirlpool, a fitness center and a meeting room. It commands the highest average daily rate in its competitive set, backed by IHG One Rewards distribution. Demand comes from Eastern New Mexico University, minutes away, and Cannon Air Force Base, less than 15 miles north. Ørsted's 200 MW Blackwater Solar project, now under construction between Portales and Clovis, adds a new source of midweek demand through late 2027.https://www.tammenhospitality.com/exclusive-listings?propertyId=hiexportales

Additional Information

City
Portales
State
NM
Zip Code
88130
Primary Uses
Hospitality
Zoning
C-2
Zoning Description
General Commercial
Building Name
Holiday Inn Express & Suites Portales, NM
Floors
3
Year Built
2,006
Parking Spaces
67
Name of Establishment
Holiday Inn Express & Suites Portales, NM