Marcus & Millichap has been selected to exclusively market for sale the Comfort Inn & Suites Downtown Albuquerque, New Mexico. This four-story interior corridor property has 82 rooms and sits on 1.49-acre parcel. The rooms and common areas have been renovated in 2017.
The Comfort Inn & Suites is optimally located in the largest city in New Mexico, less than three miles away from the University of New Mexico as well as the largest international airport in the state. The University of New Mexico enrolled over 25,000 students in 2021 and the Albuquerque International Sunport welcomed over 5.3 million passengers in 2023.
Albuquerque's economy is supported by large companies such as Sandia National Laboratories, a government-owned research center operated by Lockheed Martin, as well as Intel Corp., Schott Solar, Thomas & Betts, General Mills and Tempur-Pedic. According to Marcus & Millichap Research Services, New Mexico has fueled a large portion of the tremendous growth in tourism in the Southwest.
Please visit https://comfortinnsuitesalbuquerquedowntown.sharplaunch.com/ to view offering summary & due diligence. or contact Josh Tammen at (480) 567-6853