602-997-3817
700 Scott Ave, Farmington, NM for Sale
Hospitality - FOR SALE
1/19
null | Request Cap Rate

700 Scott Ave
Farmington, NM 87401


HIGHLIGHTS

  • Excellently established 192-room, three-story interior corridor hospitality asset with ample parking over 7.97 acres in Farmington, New Mexico.
  • Ideally visible from US 64, with premium access to top attractions like San Juan River, Aztec Ruins, Four Corners Monument, and Canyon de Chelly.
  • Tremendous upside to revitalize and transform a hotel into a high-performing asset in a top New Mexico tourism destination, meeting market demand.
  • Beneficially located nine minutes from KFMN Airport, offering seamless access for business and leisure travelers, enhancing connectivity and demand.
  • Positioned less than 10 miles from New Mexico State University Agricultural Science Center, a regional research and education hub.
  • Zoned for Multifamily or Hotel | Absolute auction | Starting bid $1.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

192

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

US-64 | Proximity to Renowned Attractions

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1978

PARKING SPACES

231

LAND DETAILS

LAND ACRES

7.97 AC

LAND SF

347,173 SF

ZONING

-

APN/PARCEL ID

0026563

ASK ABOUT THIS PROPERTY

Larissa IsenbergBerkadia Real Estate AdvisorsMore Info
602-997-3817

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Larissa IsenbergBerkadia Real Estate AdvisorsMore Info
602-997-3817

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