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6635 Gateway Boulevard West

Nexgen Management Acquires 139-Room Hampton Inn & Suites In El Paso With Broker Kami Burnette & Mason McDavid
SOLDHotel

Nexgen Management Acquires 139-Room Hampton Inn & Suites In El Paso With Broker Kami Burnette & Mason McDavid

6635 Gateway Boulevard West

Building Size

Asset Type

Hotel

Closing

Jul 18, 2025

AI

The property involved in this transaction is a hotel asset known as the Hampton Inn & Suites El Paso-Airport, which features 139 guest rooms. It is located at 6635 Gateway Boulevard West in the El Paso market.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: Undisclosed
  • Address: 6635 Gateway Boulevard West
  • Market: El Paso
  • Number of Rooms: 139
  • Buyer: Nexgen Management
  • Sellers: Undisclosed institutional seller
  • Brokers: Kami Burnette & Mason McDavid - Hunter Hotel Advisors

Nexgen Management successfully acquired the hotel from an undisclosed institutional seller, marking a strategic investment in the El Paso area. The transaction was facilitated by brokers Kami Burnette and Mason McDavid of Hunter Hotel Advisors, who played a key role in bringing the deal to fruition.

Players

Kami Burnette

Hunter Hotel Advisors

Broker

$57.5M

vol

15 deals

Broker
Hunter Hotel Advisors
Hunter Hotel AdvisorsBrokerage

El Paso Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93