• La Quinta Inns & Suites El Paso East   

CBRE Hotels is soliciting offers to acquire the fee-simple interest in the La Quinta Inns & Suites in El Paso, Texas. The property is located off Interstate 10, and five miles from El Paso International Airport. Thanks to this prime location, the hotel provides easy access to many of the demand drivers throughout El Paso, including El Paso Convention Center, Fort Bliss military base, and U.S.-Mexico border.

Investment Highlights

  • La Quinta Inns & Suites - Opportunity to acquire a 103-room, four-story, La Quinta Inns & Suites that sits on 2.05 acres of land in El Paso East, Texas. The hotel’s guestrooms and bathrooms were fully renovated in 2023.
  • Convenient Location - The hotel is located off Interstate 10, highly visible from the expressway, and is just five miles from El Paso International Airport.
  • Rapidly Increasing Revenue Trend - The La Quinta has been showing a rapidly increasing revenue trend. The hotel’s room revenue in year-end 2023 has increased by 17% over the same period in 2022.
  • Diverse Demand Drivers - The La Quinta Inns & Suites is in proximity to many major area’s demand generators, including medical centers, colleges, and health centers. Specifically, the property is located 0.7 mile from Del Sol Medical Center, 1.5 mile from the El Paso Community College, and 5.6 miles from the Fort Bliss military base.
  • Massive Growth in U.S. – Mexico Trade - Mexico has overtaken China as America’s biggest trading partner, according to Bloomberg. U.S. goods imports from Mexico totaled $454.9 billion in 2022, up 18 percent ($70.2 billion) from 2021, and up 64 percent from 2012.
  • El Paso is the Sixth-Largest City in Texas - El Paso is the largest metropolitan area along the Texas-Mexico border which boasts a best-in-class, business-friendly operating environment and a high quality of living. El Paso is a top 20% U.S. performing economy and continues to experience economic growth by attracting new businesses and helping companies grow. The region represents one of North America’s largest manufacturing centers, thanks to its strategic location on the border and its bilingual and bi-cultural workforce.

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