Franchise Auto-Transfer! Significant savings in time and transfer costs
66-Unit, 3-Story Interior corridor | Well maintained building located on 1-acre lot
2024 Revenues at 3.38x RRM with 11.3% Cap Rate!
17.7% Cash-on-Cash Return with current SBA market rates and 20% down
Prime Highway Visibility Along US-84
Closest Hotels to the Newly Approved Clovis RACINO – capture casino visitors, racetrack traffic, construction crews, events, gaming tourism, and workforce lodging
City-Wide Growth – including New Airport Expansion, road upgrades, water projects, and other infrastructure investments
Proximity to Key Demand Drivers – Cannon Air Force Base, Curry County Events Center, ENMU, and major employers
Located in an OPPORTUNITY ZONE – offering tax advantages for investors!
Location Summary
The Best Western Cannon AFB is ideally located just minutes from Cannon Air Force Base, generating steady year-round demand from military personnel, contractors, and visiting families. The property also captures consistent traffic from Clovis Community College, Eastern New Mexico University, and the Curry County Events Center.
A major advantage is its close proximity to the newly approved Clovis racino, positioning the hotel to benefit from increased casino visitation, racetrack events, construction crews, and expanded workforce lodging. Additional demand comes from major employers like the Southwest Cheese Plant and local renewable-energy projects.
The hotel is also minutes from the Clovis Regional Airport, which is currently undergoing a new terminal expansion that will boost future business, military, and contractor travel. Situated within an OPPORTUNITY ZONE, the property offers both strong operational fundamentals and long-term tax advantages.
