For Sale
$3,450,000

6031 Iliff RdAlbuquerque, NM 87121

81-Room Hotel, Albuquerque, NM - $3.45M

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 81-key Days Inn hotel presents a compelling investment opportunity in Albuquerque, New Mexico. Located at 6031 Iliff Rd NW, this two-story, exterior-corridor property boasts 41,854 square feet on a 77,972 square foot lot (APN: 1-011-059-058082-3-08-04). Built in 1992, the hotel is zoned for hotel use and offers a compelling price per square foot of $82.43, translating to an asking price of $3,450,000, or under $43,000 per room. The property's strategic location within the Albuquerque MSA provides convenient access to key attractions, including the Albuquerque International Sunport Airport, Petroglyph National Monument, and the Sandia Peak Aerial Tramway. This absentee-owned hotel is ideally suited for an owner-operator seeking hands-on involvement or an investor looking for a strong return. The motivated seller makes this a particularly attractive opportunity in the vibrant Albuquerque market. The property's size and established presence offer significant potential for growth and profitability. Detailed financial information is available upon request. This is a rare chance to acquire a well-situated hotel in a desirable location.

Highlights

  • Absentee-owned Days Inn hotel in Albuquerque, NM, with a motivated seller.
  • Ideal for owner-operator or hands-on investor.
  • Priced under $43,000 per room.
  • 81-unit, two-story exterior corridor property in the Albuquerque MSA.
  • Conveniently located near Albuquerque International Sunport, Petroglyph National Monument, and Sandia Peak Tramway.

Property Details for 6031 Iliff Rd

Property type
Hospitality properties, Hotels
Square Feet
41,854 SF
Year Built
1992
Stories
2

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.1039164
Longitude
-106.7078886
6031 Iliff Rd, Albuquerque, New Mexico

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6031 Iliff Rd
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