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25 Hotel Cir NE
Albuquerque, NM 87123
Albuquerque Multifamily Conversion · Hospitality Property For Sale
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36,689 SF
Investment Highlights
- Opportunity to Convert Existing Property to Modern Apartment Complex
- Parcel Already Rezoned for Multifamily Utilization
- 8 Miles to Kirtland Air Force Base (23k+ Employees) and Albuquerque International Sunport (5.4M+ Passengers in 2019)
- Property is Currently Vacant and Sits on 5+ Acres in the Desirable Albuquerque MSA
- Short Drive to The University of New Mexico and Several Medical Centers
- Ideally Located Along Interstate 40, Minutes to Downtown Albuquerque
Property Facts
| Property Type | Hospitality | Building Size | 36,689 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1969 |
| Lot Size | 5.04 AC | Parking Ratio | 5.45/1,000 SF |
| Construction Status | Converted | Corridor | Interior |
| Zoning | SU-1 - Mixed Use | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.04 AC |
| Construction Status | Converted |
| Building Size | 36,689 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 5.45/1,000 SF |
| Corridor | Interior |
| Zoning | SU-1 - Mixed Use |
Amenities
- Business Center
- Fitness Center
- Pool
- Shuttle Service
- Meeting Event Space
Property Taxes
| Parcel Number | 1-021-057-067412-2-01-05 | Improvements Assessment | $740,559 |
| Land Assessment | $486,885 | Total Assessment | $1,227,444 |
Property Taxes
Parcel Number
1-021-057-067412-2-01-05
Land Assessment
$486,885
Improvements Assessment
$740,559
Total Assessment
$1,227,444
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