For Sale
$3,999,999

6015 Iliff RdAlbuquerque, NM 87121

128-Room Hotel, Albuquerque, NM

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity: Motel 6 Albuquerque, a 128-key hotel situated on a 2.07-acre lot at 6015 Iliff Rd NW, Albuquerque, NM 87121. This established property, built in 1984, offers a substantial 16,792 square feet of building space within a thriving market. The hotel's prime location boasts a strong demographic profile, with over 212,000 residents within a 5-mile radius and an average household income exceeding $83,720 in 2023. The two-story building is zoned A1, providing a solid foundation for continued operation and potential expansion. This turnkey hospitality asset presents a compelling opportunity for investors seeking a high-performing property in a dynamic Albuquerque market. The asking price is $3,999,999. Bernalillo County location provides access to key transportation routes and amenities. This is a rare chance to acquire a well-established hotel with significant growth potential in a desirable area. The property's size and location make it an attractive option for both seasoned investors and those new to the hospitality sector. Don't miss this chance to capitalize on the robust Albuquerque economy.

Highlights

  • Motel 6 Albuquerque, a 128-room hotel on a 2.07-acre lot at 6015 Iliff Rd NW, Albuquerque, NM.
  • 16,792 square feet building, built in 1984.
  • Strong location with over 212,000 residents within 5 miles and average household income exceeding $83,720 (2023).
  • A1 zoning.
  • $3,999,999 asking price.

Property Details for 6015 Iliff Rd

Property type
Hospitality properties, Hotels
Lot Size (sq. ft)
90,169 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.104097
Longitude
-106.7072328
6015 Iliff Rd, Albuquerque, New Mexico

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6015 Iliff Rd
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