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1501 E Santa Fe Ave
Grants, NM 87020
Red Lion Hotel Grants, NM · Hospitality Property For Sale
·
183,757 SF
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 183,757 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | B | Year Built | 1968 |
| Lot Size | 5.15 AC | Corridor | Interior |
| Zoning | C2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.15 AC |
| Building Size | 183,757 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Corridor | Interior |
| Zoning | C2 |
AMENITIES
- Pool
- Restaurant
- On-Site Bar
- Meeting Event Space
ABOUT 1501 E SANTA FE AVE , GRANTS, NM 87020
Opened in 1979, the Property consists of a two-story, interior corridor hotel located at 1501 E. Santa Fe Avenue. It features a lobby, reception area, restaurant, lounge, ±4,140 SF of meeting space, an indoor pool and whirlpool, retail shop, vending area, guest laundry, business center, and fitness center. The Property offers ±126 guestrooms, which includes ±9 suites. Guestrooms have queen beds and include televisions, work desk, task chair, nightstand, dresser, artwork, and lamps. The Hotel is currently non-operational and owned by the lender. Located at the intersection of State Route 117/East Santa Fe Avenue and Robert Road, the Property is easily accessible via Interstate 40. The Hotel is ±6 miles from the Grants-Milan Municipal Airport, ±3 miles from Downtown Grants, and ±75 miles west of Albuquerque, New Mexico. Attractions nearby include the Sky City Casino, ancient Native American dwellings, caves, Bandera Volcano, and the El Malpais National Monument. Local businesses near the Hotel include McKinley Paper, Peabody Energy, and Corrections Corporation of America. Dining, shopping, and entertainment are within a few miles from the Property.
PROPERTY TAXES
| Parcel Number | R15173 | Improvements Assessment | $226,821 |
| Land Assessment | $112,603 | Total Assessment | $339,424 |
PROPERTY TAXES
