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1505 E Santa Fe Ave
Grants, NM 87020
Motel 6 Grants, NM · Hospitality Property For Sale · 15,674 SF

INVESTMENT HIGHLIGHTS

  • 100 rooms, 2 stories
  • 2023 Revenue: $1,304,580
  • 2022 NOI - $410,610
  • $34,750/key
  • Well priced at a 2.66x multiplier of the 2023 Revenue
  • Manager's Apartment Onsite

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.73 AC
Building Size 15,674 SF
No. Stories 2
Year Built/Renovated 1978/2025
Parking Ratio 1.57/1,000 SF
Corridor Exterior
Zoning Commercial

AMENITIES

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R16010
Land Assessment
$37,743
Improvements Assessment
$518,355
Total Assessment
$556,098
  • Listing ID: 28461720

  • Date on Market: 5/11/2023

  • Last Updated:

  • Address: 1505 E Santa Fe Ave, Grants, NM 87020

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