Quality Inn Airport East

900 N Yarbrough Dr, El Paso, TX

$10,659,000

Price

89,472 sqft

Building Size

3.8 acres

Lot Area

Overview
Building Size
89,472 sqft
Lot Area
3.8 acres
Keys
187
Year Built
1985
Floors
3
Description

Tabani Realty is pleased to present the 187-room Quality Inn located near the El Paso International Airport in southwest Texas. The limited-service hotel is located directly off Interstate 10 (I-10) near many restaurants and retailers including Applebee’s Bar & Grill, Pizza Hut, Circle K, McDonald’s, and more. The Quality Inn East El Paso offered at a 10.62% Cap Rate.

The subject property has 187 guestrooms with exterior corridors which are spread across 3 floors. The Quality Inn sits on 3.8 acres which are also included in the sale.


El Paso is a city located in the far western corner of the state of Texas. It is the sixth-largest city in Texas and the 22nd-largest city in the United States. El Paso is situated in the westernmost part of Texas, along the Rio Grande River, which forms the international border between the United States and Mexico. The city is located in the Chihuahuan Desert and is surrounded by the Franklin Mountains. the estimated population of El Paso is around 681,000 people, making it the largest city on the U.S.-Mexico border. The El Paso metropolitan area, which includes surrounding communities in Texas, New Mexico, and Mexico, has a population of over 840,000.

El Paso is known for its unique position as a border city. It shares a border with Ciudad Juarez, one of the largest cities in Mexico. The international bridge crossings between the two cities facilitate cross-border trade, cultural exchange, and tourism.

El Paso has a strong and diverse economy. It serves as a major transportation hub, with the presence of the Union Pacific Railroad and the Port of El Paso facilitating trade with Mexico. The city also has a significant military presence with Fort Bliss, one of the largest military complexes in the United States. El Paso is home to several higher education institutions, including the University of Texas at El Paso (UTEP), which is the largest university in the region. UTEP is known for its research programs and is a vital educational resource for the city and the surrounding area.

Highlights
  • A 4-minute drive from El Paso International Airport (ELP)
  • Located directly off Interstate 10 (I-10)
  • Surrounded by many restaurants & retailers
  • Offered at 10.62% Cap Rate
  • Offered at $ 57,000 per key
Documents
Location