Franchise Approved for Conversion to SureStay Plus by Best Western
Major PIP Underway with lobby and breakfast areas completed; rooms in progress
2024 Revenues at 3x RRM | $38,542 per room | 11.8% Cap Rate!
20.3% Cash-on-Cash Return with current SBA market rates and 20% down
96-Unit, 2-Story Exterior Corridor | Well maintained building located on 4.75-acre lot!
'Pride of Super 8' AWARD WINNER every year since 2015 – demonstrating consistent quality and excellence
Closest Positioned to the Newly Approved Clovis RACINO – perfectly situated to capture casino traffic, racetrack visitors, construction crews, gaming tourism, and workforce lodging
New Airport Terminal Expansion Underway – boosting future business, military, and contractor travel; hotel is minutes from the airport with 24/7 shuttle service
Highway Visibility Along US-84
Near Key Attractions such as Cannon Air Force Base, Curry County Events Center, ENMU, and Clovis Community College
Major Local Contract: Guaranteed 600 room nights per month, providing reliable, consistent business
Located in an OPPORTUNITY ZONE – offering tax advantages for investors!
Location Summary
The Super 8 Clovis sits near top demand generators including Cannon Air Force Base, Clovis Community College, Eastern New Mexico University, and the Curry County Events Center, ensuring stable year-round business from military guests, contractors, students, and event travelers.
Its close proximity to the newly approved Clovis racino gives it a powerful competitive edge as one of the nearest large-room-count hotels to the project, positioned to capture casino guests, racetrack activity, construction crews, and workforce lodging. The hotel also benefits from steady contractor demand tied to the Southwest Cheese Plant and local renewable-energy projects, plus its 600-room-night-per-month contract.
Located just minutes from the Clovis Regional Airport, the property is well positioned to benefit from the new terminal expansion, which will increase passenger flow and corporate/military travel. Being in an OPPORTUNITY ZONE adds attractive long-term tax incentives!
