1501 E Santa Fe Ave | Grants, NM 87020
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- LoopNet Team
1501 E Santa Fe Ave
Grants, NM 87020
Former Red Lion Hotel · Hospitality Property For Sale
·
183,757 SF
INVESTMENT HIGHLIGHTS
- 127 Unit Closed Hotel Ready for Renovation and Rebranding
- Located in a Thriving Hotel Market off I-40 Midway Between Albuquerque and Gallup, NM
- Single Two-Story Building with an Attractive Central Atrium including a Pool, Hot Tub, and Cafe
- Constructed of Concrete Block Walls and Concrete Slab Floors and Roof
- Wyndham Garden Inn and Choice Clarion Interest and PIPs are Available
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
PROPERTY TAXES
| Parcel Number | R15173 | Improvements Assessment | $226,821 |
| Land Assessment | $112,603 | Total Assessment | $339,424 |
PROPERTY TAXES
Parcel Number
R15173
Land Assessment
$112,603
Improvements Assessment
$226,821
Total Assessment
$339,424
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