New Mexico Hotel Broker
We've brokered hotels and motels in New Mexico since 1959. Our office is in Las Cruces. I'm Steele Blue, an associate broker licensed in New Mexico (NM #52725), and I work with my dad, Steve Blue, the firm's qualifying broker.
If you own a hotel or motel in New Mexico and you're thinking about selling, call us before you call anyone else. We'll tell you what it's likely worth, who's buying, and what it takes to get it sold.
Where we work in New Mexico
Las Cruces · Albuquerque · Santa Fe · Gallup, Grants and Tucumcari on I-40 · Roswell and the southeast · Raton · Alamogordo · Deming and Lordsburg on I-10 · Truth or Consequences · and smaller towns all over the state.
What we sell
Franchise hotels. Independent motels. Interstate properties. Motels with owner's quarters. Motels with RV spaces. Historic and boutique inns. Big or small, we'll look at it.
New Mexico hotels we've sold
A few recent sales from our records: Raton Pass Inn (14 units + house), Hot Springs Inn (40 units), Elkhorn Lodge (34 units), Clovis Inn & Suites, Rodeway Inn Las Cruces (156 units), Days Inn Santa Fe (83 units), and others.
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SoldHotel
Rodeway Inn
Las Cruces, NM · Independent (as listed)
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SoldBranded hotel
Days Inn
Santa Fe, NM · Days Inn
- Quality InnNew MexicoSold
Branded hotel
Quality Inn
New Mexico · Choice
- Clovis Inn & SuitesNew MexicoSold
Branded hotel
Clovis Inn & Suites
New Mexico · Wyndham
- Quality Inn & SuitesNew MexicoSold
Branded hotel
Quality Inn & Suites
New Mexico · Choice
- Raton Pass InnNew MexicoSold
Independent motel + house
Raton Pass Inn
New Mexico · Independent
See sold hotels → · Current New Mexico listings →
How we price a New Mexico hotel
We look at your last three years of revenue and expenses, your occupancy and rate, the condition of the property, any brand requirements (PIP), and what similar hotels have actually sold for. Then we tell you a realistic range. Get a free broker opinion of value →
Questions New Mexico owners ask
Can you sell my hotel if it’s not in Las Cruces?
Yes. We sell hotels all over the state.
Do you work with buyers too?
Yes. We keep a list of qualified buyers looking in New Mexico.
Call 575-523-7421 or Steele's cell, 575-640-6552.
