- For Sale Subject To Offer
- Property Type Other
- Property Size 78,936 SF
- Units 157
- Building Class C
- Date Updated May 18, 2026
Description
Strategically positioned within a proven hospitality corridor along North Telshor Boulevard in Las Cruces, New Mexico, this dual-brand Marriott portfolio occupies a prime gateway location at the convergence of major interstate routes and established retail infrastructure. The properties sit adjacent to one another — offering operational synergies and a commanding combined street presence — within a market anchored by New Mexico State University, a 14,000-student institution that generates reliable year-round demand from academic visitors, prospective students, families, and university-affiliated business travelers.
* Located in a growing regional hub with direct connectivity to I-25 and US-70, providing exceptional access for regional business travelers, government contractors, and interstate commuters throughout southern New Mexico and West Texas.
* Surrounded by established retail centers, restaurants, and residential communities along the North Telshor Boulevard corridor — one of Las Cruces' most trafficked commercial thoroughfares, with measured volumes of 15,497 vehicles per day.
* Proximity to New Mexico State University (<0.5 miles) ensures a consistent demand base from academic events, athletics, graduation seasons, and affiliated research and government activity, including the nearby White Sands Missile Range.
* Positioned within Las Cruces' dynamic economic corridor serving diverse demand generators: Doña Ana County government, Memorial Medical Center, major distribution and logistics operations, and a rapidly expanding healthcare sector.
* Access to the El Paso International Airport (approximately 50 miles) and local Santa Teresa Port of Entry supports cross-border commerce and ensures efficient connections for regional and international travelers.
* The Sunbelt location benefits from year-round mild weather, a distinctive high-desert landscape, and sustained population growth — projected at 4.4–4.6% from 2025–2030 within a 3-mile radius — reinforcing long-term lodging demand fundamentals.Offered together as a two-property, dual-brand Marriott portfolio, this is a rare opportunity to acquire adjacent Upper Midscale assets under unified ownership and management in a supply-constrained submarket. Both properties are franchised under Marriott International — the world's largest hotel company — providing the full benefit of the Bonvoy loyalty ecosystem, global distribution channels, and institutional brand recognition.
Highlights
- Adjacent properties along the same corridor enable potential combined management efficiencies, shared staffing strategies, and unified revenue management — a compelling operational advantage rarely available in secondary markets.
- Dual-brand Marriott franchise affiliation — Fairfield Inn and TownePlace Suites — provides access to the Bonvoy loyalty platform (230M+ members), institutional demand from corporate travel programs, and proven brand-driven rate premiums over independent peers.
- Offered in cooperation with Hunter Advisors
- Portfolio was previously acquired as part of a 6-property transaction in July 2013, underwriting the institutional pedigree of these assets and their ability to perform within a professionally managed hotel investment portfolio.
- The Las Cruces/Alamogordo submarket has delivered zero new hotel rooms over the measured period, indicating a supply-constrained environment that supports sustained occupancy and pricing power for existing inventory.
- TownePlace Suites features all-suite, fully-equipped kitchen units with meeting space — ideally suited for the extended-stay government contractor and university-affiliated traveler segments that are endemic to the Las Cruces demand base.
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Contacts
Dan Emert
Prime Investment Properties
Location
Contact Listing Broker
Dan Emert
Prime Investment Properties