Hunter Advisors has been exclusively engaged to solicit offers for the purchase of the Las Cruces 2-Property Portfolio (the “Portfolio” or the “Hotels”), consisting of the 81-room TownePlace Suites Las Cruces and the 76-room Fairfield Inn Las Cruces. The Marriott-branded Hotels are immediately proximate to one another within the Interstate 25 and U.S. Highway 70 interchange, forming a cohesive operating platform within one of Southern New Mexico’s primary commercial corridors. The Portfolio benefits from direct connectivity to White Sands Missile Range and the NASA White Sands Test Facility, anchoring the region’s aerospace and defense economy. White Sands Missile Range encompasses approximately 3,200 square miles and serves as the largest military installation in the United States, functioning as a critical hub for missile testing and defense research. The market is further supported by Spaceport America and New Mexico State University, a 900-acre campus serving approximately 15,000 undergraduate students. This combination of institutional aerospace activity and university-driven demand creates a diversified lodging market supporting both extended-stay and transient accommodations. The Portfolio presents a complementary pairing of extended stay and select-service offerings, capturing multiple stay profiles across varying lengths of stay and demand segments. Completion of property improvement plans at both Hotels, combined with refreshed local management oversight, provides a clear path to enhanced competitive positioning and margin normalization. Offered unencumbered by management and debt and at a basis materially below replacement cost, the Portfolio provides investors with embedded downside protection and a defined opportunity for value creation through physical and operational repositioning.
