505-515-1850
6150 Iliff Rd NW, Albuquerque, NM for Sale
Hospitality - FOR SALE
1/8
null | Request Cap Rate

6150 Iliff Rd NW
Albuquerque, NM 87121
Los Volcanes


OVERVIEW

The fee simple interest in the 88-room Hampton Inn & Suites by Hilton Albuquerque – Coors Road is available for sale. This institutionally owned asset is unencumbered by management and offers a strong in-place yield with a RevPAR of approximately $120+. The hotel is located in Albuquerque’s largest MSA and is readily financeable. The property is less than 3.5 miles from Old Town Albuquerque, which has over 100 shops, galleries, and restaurants. It is also near key attractions including the Indian Pueblo Cultural Center, NM Museum of Natural History & Science, Albuquerque Museum, Botanical Gardens, Aquarium, and Zoo. The Rio Grande, offering hiking, biking, and kayaking, is less than 2 miles away. Situated immediately adjacent to I-40 and Coors Road, the property is highly visible with over 150,000 vehicles passing daily. This is an ideal time to invest in Albuquerque, with an MSA population of approximately 1 million and major corporate investments from companies like Facebook, Amazon, and Netflix. The Hilton flag can be retained with a new long-term license upon completion of the change-of-ownership PIP.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

88

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hampton Inn & Suites Albuquerque - Coors Road

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2006

PARKING SPACES

89

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,232 SF

ZONING

AEO

APN/PARCEL ID

1-011-059-008040-3-24-01

ASK ABOUT THIS PROPERTY

Michael SheppardParamount Lodging AdvisorsMore Info
505-515-1850

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

Michael SheppardParamount Lodging AdvisorsMore Info
505-515-1850

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