6031 Iliff RdAlbuquerque, NM 87121

Property Details for 6031 Iliff Rd

Year built

1992

Lot size

1.79 AC

Property size (Sq ft)

32,184 SF

Property type

Hospitality properties

Property subtype

Hotels

APN

1-011-059-058-082-3-08-04

APU

101105905808230804

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $5,282,745

  6.5%

  $4,876,380

  7%

  $4,528,067

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,516,997

  Geo Method

  $6,248,749

• Alternative Use

  Use

  Valuation

  Residential

  $5,323,590

  Hospitality

  $4,876,380

  Educational

  $4,057,091

  Medical

  $4,196,620

  Retail

  $6,311,030

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.104

Longitude

-106.708

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN 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].