$6,000,000 USD
253-486-3467
3695 Cerrillos Rd
Santa Fe, NM 87507
Southwest Santa Fe
HIGHLIGHTS
- RevPAR and occupancy ~25% below compset — significant value-add upside opportunity
- Converted from GreenTree Inn in 2023 with new paint, furniture, and guestroom upgrades
- Located just 10 minutes from Historic Downtown Santa Fe and top cultural attractions
- Proximity to LANL — a $5B annual economic engine driving government lodging demand
- Diverse demand from tourism, government, cultural events, and year-round visitation
- Located along Cerrillos Rd, Santa Fe's #1 retail corridor with ±51,100 VPD
FOR SALE DETAILS
PRICE
$6,000,000 USD
PRICE/SF
$185 USD /SF
# OF ROOMS
116
PRICE/ROOM
$51,724 {currency}
CAP RATE
9.75%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Quality Inn & Suites
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1985
PARKING SPACES
138
LAND DETAILS
LAND ACRES
2.75 AC
LAND SF
119,790 SF
ZONING
C-2
APN/PARCEL ID
018500575
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253-486-3467
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253-486-3467
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