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Browse More Listings in Hotel & Motel For Sale, Tucumcari, NM or New Mexico

Hotel / Motel For Sale

Hampton Inn

3409 East Tucumcari, Tucumcari, NM 88401

Price:
$4,650,000
No. Rooms:
58
Building Size:
32,000 SF
Price/Room:
$80,172.41
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Commission Split:
1.5%
Cap Rate:
10%
Average Daily Rate:
$83
RevPAR:
$47
Average Occupancy:
57%
No. Stories:
3
Year Built:
2001
Corridor:
Yes
Lot Size:
62,000 SF
Parking Ratio:
1.20 / 1,000 SF
Find Out More...

Last Verified 10/16/2009 Listing ID 16435125

Description

This well maintained fifty eight unit hotel building, built in 2001 is situated on 62,000 sf lot and a total building envelope of 34,000sf. The property offer many amenities, including, an indoor swimming pool and spa, fitness, and small business center. Consistently receives high marks on Hampton's Quality Assurance inspections and guest satisfaction scores. This property has ASSUMABLE FINANCING...This property will not last long on the market.

The Hampton Inn in Tucumcari is located off I-40, and sits within walking distance of major attractions, museums, as well as natural attractions. It is located on the world famous Historic Route 66. This hotel also gives you easy access to desert tours, fishing and entertainment at the Caprock Amphitheater.

Financial Summary

Actual
Net Operating Income
$460,000

Map of 3409 East Tucumcari, Tucumcari, NM 88401 (Quay County)

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Presented by

NewGen Commercial Realty

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Contact Listing Broker

Dinesh Rama (602) 795-4604

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Created 10/16/2009

Additional Information for 3409 E Tucumcari Boulevard, Tucumcari, NM 88401

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Hampton Inn

3409 East Tucumcari, Tucumcari, NM, 88401