Hotels for Sale

MOTEL 6 ALBUQUERQUE NORTH, NM

Address:
Albuquerque, New Mexico
Description:

UNDER CONTRACT

  • Fee simple interest in the institutionally owned and operated 125-room Motel 6 Albuquerque, NM priced at a fraction of replacement cost
  • Three-story, interior-corridor property opened in 1997 and is situated on approximately 2.1 acres of land
  • Offered unencumbered of management with the ability to retain the Motel 6 flag via a long-term franchise agreement
  • Approximately $385k ($3k/key) of renovation investment already completed by seller in recent years
  • Adjacent to major north-south U.S. corridor Interstate 25 and just north of major east-west U.S. corridor Interstate 40
  • Conveniently located just north of downtown Albuquerque in the Balloon Fiesta Park and North-I25 corridor with access to the area’s most notable destinations including Gruet Winery, Cliff’s Amusement Park, and Balloon Fiesta Park

Listing Agents

Sam Pewitt
T | 480.744.7495
Email

Beau Mullenix
T: 314.568.7098
Email

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