6851 4th St NW - Hospitality FOR SALE


Los Ranchos De Albuquerque, NM 87107- Guadalupe Gardens
$2,500,000 USD
505-639-1266
6851 4th St NW, Los Ranchos De Albuquerque, NM for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

6851 4th St NW
Los Ranchos De Albuquerque, NM 87107
Guadalupe Gardens


HIGHLIGHTS

  • Turnkey Motel Property
  • Busy 4th Street Location
  • Four Freestanding Buildings
  • Attractive Southwest Architecture
  • Large Manager’s Room
  • Prime NW Los Ranchos Location

OVERVIEW

The El Camino is a vintage boutique hotel located in the beautiful North Valley Village of Los Ranchos. The Route 66 era architecture of this asset stands the test of time. With generous room sizes (+/-306 SF average size), this property is perfect for a model revival. The generous caretaker apartment (+/-2,270 SF) could be remodeled for a restaurant, gym or brewery and features a large 2nd story patio. The property is heated by a central boiler system and cooled by individual swamp coolers. The property has an abundance of parking, and a pool area that could potentially be reused or repurposed. The site features excellent access off 4th street and iconic Route 66 signage. It includes amenities such as complimentary on-site parking, is pet friendly with ADA rooms available.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$273 USD /SF

# OF ROOMS

30

PRICE/ROOM

$83,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

El Camino Motor Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1946

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

C-1

APN/PARCEL ID

1-015-063-050003-3-01-15

ASK ABOUT THIS PROPERTY

Coralee QuintanaeXp RealtyMore Info
505-639-1266

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Coralee QuintanaeXp RealtyMore Info
505-639-1266

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