For Sale
$1,200,000

1903 Historic Highway 66Gallup, NM 87301-0000

Gallup, NM Hotel - $1.2M

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 50-room motel, situated on 2.24 acres along Historic Highway 66 in Gallup, New Mexico, presents a lucrative investment opportunity. Built in 1972, the property boasts a diverse room configuration catering to a wide range of guests. Fifteen rooms feature single king beds, fifteen offer two double beds, sixteen provide two queen beds, and four family rooms accommodate larger groups with three beds each. An added benefit is the inclusion of adjacent land, expanding potential development options. The property also includes a valuable two-bedroom manager's apartment conveniently attached to the office, providing comfortable on-site living. A dedicated breakfast area enhances guest experience and contributes to the property's overall appeal. The motel is exceptionally well-maintained, reflecting a commitment to quality and guest satisfaction. Located in McKinley County, New Mexico, with the address 1903 W Historic Hwy 66, Gallup, NM 87301, this property offers a compelling blend of established business and future growth potential. The asking price for this turnkey operation is $1,200,000. This represents a significant opportunity to acquire a well-established hospitality business in a vibrant and historically significant location.

Highlights

  • 50-room motel on 2.24 acres along Historic Route 66 in Gallup, NM.
  • Diverse room configuration: 15 king, 15 double-double, 16 queen, and 4 triple family rooms.
  • Includes adjacent land for potential development.
  • Features a 2-bedroom manager's apartment.
  • Dedicated breakfast area.
  • Well-maintained property, turnkey operation, asking price $1,200,000.

Property Details for 1903 Historic Highway 66

Property type
Hospitality properties, Hotels
Year Built
1972
Lot Size (sq. ft)
97,574 SF

Location Insight

City
Gallup
County
McKinley
State
New Mexico
Latitude
35.5182614
Longitude
-108.7725676
1903 Historic Highway 66, Gallup, New Mexico

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1903 Historic Highway 66
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message