Hotels for Sale

MOTEL 6 SANTA FE, NM

Address:
Santa Fe, New Mexico
Description:

UNDER CONTRACT

  • Fee simple interest in the institutionally owned and operated 118-room Motel 6 Santa Fe Cerrillos Road South priced at a fraction of replacement cost
  • Two-story, external-corridor property opened in 1985 and is situated on approximately 2.75 acres of land
  • Offered unencumbered of management with ability to retain the Motel 6 flag via a long-term franchise agreement
  • Approximately $1.55 million ($13.2k/key) of renovation investment already completed by seller in recent years
  • Situated just east of Santa Fe Regional Airport, the city’s largest airport
  • Conveniently located southwest of downtown Santa Fe, proximate to I-25
  • Property is located in an Economic Opportunity Zone

Listing Agents

Sam Pewitt
T | 480.744.7495
Email

Beau Mullenix
T: 314.568.7098
Email

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