5101 Ellison St NE - Hospitality FOR SALE


Albuquerque, NM 87109- Balloon Fiesta Park
$7,000,000 USD
801-704-1660
5101 Ellison St NE, Albuquerque, NM for Sale
$7,000,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

5101 Ellison St NE
Albuquerque, NM 87109
Balloon Fiesta Park


HIGHLIGHTS

  • Attractive Owner-Operator Opportunity: Opportunity for an owner-operator to enhance profitability through hands-on management and expense streamlining
  • Strategic Location: Located just off I-25 with strong visibility and access, supporting demand from corporate, leisure, and drive-to travelers
  • Competitive Price Per Key: Priced at an attractive basis relative to replacement cost and comps, at approximately $62,500 per key
  • Recently Renovated: Significant capital invested in guest rooms, FF&E, and common areas, helping limit near-term capital needs
  • Attractive Pricing: Offered at approximately 3.74x TTM March 2026 Room Revenue, with historically consistent revenue levels

OVERVIEW

Newmark Mountain West Commercial Real Estate, in conjunction with Western States Commercial Real Estate as the New Mexico Broker of Record, are pleased to present the Days Inn & Suites Albuquerque North, located at 5101 Ellison Street NE in Albuquerque, New Mexico. This offering presents an opportunity to acquire a recently renovated, branded hotel in one of Albuquerque’s established submarkets. Strategically located with convenient access to Interstate 25, the property is positioned near a diverse mix of entertainment, corporate, and industrial demand drivers that support lodging activity throughout the year. The asset underwent a renovation in 2022 as part of Wyndham’s “Dawn” PIP, which included updates to guest rooms and common areas. Improvements include new case goods (Dawn package), updated flooring, new bedding covering and soft goods, updated window treatments, enhancements to the breakfast area, upgrades to select building systems, and refreshed interior finishes throughout the property. Please contact the broker for a more detailed summary of improvements. A portion of the property is currently utilized under a contract for 27 rooms with Bernalillo County, providing a source of recurring revenue. This arrangement contributes to a consistent base level of occupancy while still allowing flexibility in the overall room mix. Additional details are available upon request. Tours are available by appointment only. To schedule a tour, please contact the broker. It is understood that staff at the property should not be contacted directly.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$262 USD /SF

# OF ROOMS

113

PRICE/ROOM

$61,947 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn & Suites Albuquerque North

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1987

PARKING SPACES

131

LAND DETAILS

LAND ACRES

2.39 AC

LAND SF

104,108 SF

ZONING

NR-LM

APN/PARCEL ID

1-017-063-450060-4-02-23

ASK ABOUT THIS PROPERTY

Alex NielsenNewmark Mountain WestMore Info
801-704-1660

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

Alex NielsenNewmark Mountain WestMore Info
801-704-1660

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