1520 Candelaria Rd NE - Hospitality FOR SALE


Albuquerque, NM 87107
$2,500,000 USD
520-664-4091
1520 Candelaria Rd NE, Albuquerque, NM for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/21
null | Request Cap Rate

1520 Candelaria Rd NE
Albuquerque, NM 87107


HIGHLIGHTS

  • Brand New Interior Corridor Days Inn
  • Priced Much Less Than Replacement Cost
  • Owner Finance / Lease to Purchase Options Available for Qualified Buyers
  • Property Delivered with No PIP to Buyer

OVERVIEW

NewGen Advisory is proud to present the 46-unit Days Inn in Albuquerque, New Mexico for sale. The Days Inn is situated on the exit of Candelaria Avenue giving the property easy access off of Interstate-40 and Interstate-25. The interior corridor property has undergone a full modern renovation in the past year. This property presents an owner operator with a great opportunity to come into this absentee run hotel and increase revenues while controlling operating expenses. Owner financing or lease to purchase options may be available to qualified buyers.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$147 USD /SF

# OF ROOMS

46

PRICE/ROOM

$54,348 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Albuquerque I-25

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

M-2

APN/PARCEL ID

1-015-059-370450-1-03-27

ASK ABOUT THIS PROPERTY

Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

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Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.