3007 Cerrillos Rd - Hospitality FOR SALE


Santa Fe, NM 87507- Southwest Santa Fe
$6,000,000 USD
201-421-9504
3007 Cerrillos Rd, Santa Fe, NM for Sale
$6,000,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

3007 Cerrillos Rd
Santa Fe, NM 87507
Southwest Santa Fe


HIGHLIGHTS

  • Located within a federally designated Opportunity Zone, offering significant capital gains tax deferral and elimination benefits for investors
  • Attractive basis relative to replacement cost for a Santa Fe hospitality asset of this scale
  • 104-key hotel positioned on Cerrillos Rd, Santa Fe's primary commercial corridor with consistent leisure and government-related travel demand

OVERVIEW

104-key hotel located on Santa Fe's primary commercial corridor connecting downtown to I-25. Situated within a federally designated Opportunity Zone, offering significant tax advantages for qualified investors. General Commercial (C2) zoning permits a broad range of uses and future repositioning. 1.57-acre site with room for expansion or outparcel development. Limited new hotel supply in this submarket. Financials available to qualified buyers upon execution of a confidentiality agreement.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$219 USD /SF

# OF ROOMS

102

PRICE/ROOM

$58,824 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel 6 Santa Fe, NM

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1974

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.05 AC

LAND SF

89,298 SF

ZONING

HC

APN/PARCEL ID

011144832

ASK ABOUT THIS PROPERTY

Stavros MalliosFlorida Homes Realty & MortgageMore Info
201-421-9504

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Stavros MalliosFlorida Homes Realty & MortgageMore Info
201-421-9504

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