1620 E Route 66 Blvd - Hospitality FOR SALE


Tucumcari, NM 88401
$650,000 USD
520-664-4091
1620 E Route 66 Blvd, Tucumcari, NM for Sale
$650,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

1620 E Route 66 Blvd
Tucumcari, NM 88401


HIGHLIGHTS

  • 25 unit, one-story, exterior corridor
  • Offered at $26,000/key
  • On-site living quarter - perfect for owner-operator
  • Coffee shop can be made operational again for added income
  • Great reputation - consistently receives strong guest reviews

OVERVIEW

Jigar Desai and Anthony Becerra of NewGen Advisory are pleased to present for sale the Historic Route 66 Motel located in Tucumcari, New Mexico. This 25-room independent motel, combines a functional design with built-in operational advantages. The classic courtyard layout allows guests to park directly outside their rooms, creating ease of access and efficient turnover. The low room count and on-site living quarters make this a perfect opportunity for an owner-operator. A fully equipped coffee shop is included, offering clear potential for a new revenue stream whether self-run or leased out. Positioned along historic Route 66 with convenient access to I-40, the property is well-suited for streamlined operations and future growth.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$70 USD /SF

# OF ROOMS

23

PRICE/ROOM

$28,261 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Historic Route 66 Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

C-1

APN/PARCEL ID

R900819

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 Notice.