1504 Santa Fe AveGrants, NM 87020

Property Details for 1504 Santa Fe Ave

Lot size

1.30 AC

Property size (Sq ft)

22,404 SF

Property type

Other commercial real estate

APN

2054060239488

APU

2054060239488

Description

This exceptional investment opportunity presents the Days Inn Grants, a 54-key hotel ideally situated at 1504 E Santa Fe Ave, Grants, NM 87020. Nestled on a spacious 2.76-acre lot, this established property, built in 1990, offers a blend of classic charm and modern amenities. The hotel's 54 rooms cater to a diverse range of travelers seeking comfortable and convenient accommodations. The asking price is $2,799,900, representing a compelling value in the current market. Located in Cibola County, the Days Inn benefits from a strong local economy, supported by a projected 2022 average household income of $54,314 within a one-mile radius. This robust demographic profile ensures a consistent stream of potential guests. The property's strategic location in Grants, New Mexico, provides easy access to local attractions and businesses, further enhancing its appeal to both leisure and business travelers. This presents a rare chance to acquire a well-established hotel in a growing community, offering significant potential for future growth and profitability. This turnkey operation is ready for a new owner to capitalize on its existing success and further develop its market position. The property's size and location make it an attractive proposition for investors seeking a stable and rewarding addition to their portfolio. Don't miss this chance to own a piece of Grants' hospitality landscape.

• Alternative Use

  Use

  Valuation

  Residential

  $3,399,789

  Hospitality

  $3,114,188

  Educational

  $2,590,968

  Medical

  $2,680,075

  Retail

  $4,030,395

Location Insight

City

Grants

County

Cibola

State

New Mexico

Latitude

35.1309

Longitude

-107.827

CBSA code

24380

CBSA name

GRANTS, NM MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].