Days Inn & Suites

Anthony Becerra and Ryan Bodine of NewGen Advisory are pleased to present for sale The Days Inn & Suites – Clovis, NM. This asset presents a compelling investment opportunity with strong in-place cashflow in a stable market. The owners have fully completed the Dawn Package PIP required by Wyndham (January 2024). The property is well-maintained and offers a range of amenities, including an indoor pool, fitness center, large meeting space, and a bar with a full commercial kitchen. The hotel benefits from Clovis’ steady mix of military, business, and transient travel demand. Significant upside exists in maximizing the restaurant and meeting space for additional revenue streams. There is also a New Mexico liquor license that can sell with the property.

The Days Inn & Suites in Clovis is in turnkey conditio, priced at 2.85x gross revenue with a 10% cap rate and provides an opportunity to lease out the restaurant for additional revenue. The hotel is zoned right for affordable housing for buyers looking to reposition this asset into an alternative use. The City has been in support for this project to help alleviate Clovis’ affordable housing shortage. This is an attractive option for either hospitality or affordable housing investors.