Hotels for Sale

MOTEL 6 ALBUQUERQUE-CARLISLE, NM

Address:
Albuquerque, New Mexico
Description:
  • Fee simple interest in the institutionally owned and operated 105-room Motel 6 Albuquerque, NM priced at a fraction of replacement cost
  • Two-story, exterior-corridor property opened in 1981 and situated on approximately 1.5 acres of land
  • Offered unencumbered of management with the ability to retain the Motel 6 flag via a long-term franchise agreement
  • Approximately $965k ($9.2k/key) of renovation investment already completed by seller in recent years
  • Adjacent to major east-west U.S. corridor Interstate 40 and just east of major north-south U.S. corridor Interstate 25
  • Conveniently located just east of downtown Albuquerque in the Midtown/University area with access to the area’s most notable destinations including University of New Mexico, University of New Mexico Hospital, and Popejoy Hall Performing Arts Facility
  • Property is located in an Economic Opportunity Zone

Listing Agents

Sam Pewitt
T | 480.744.7495
Email

Subu Thiagarajan
T: 510.205.7931
Email
BRE #01891134

Send message to listing owner