3101 W US Hwy 66 | Gallup, NM 87301
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- LoopNet Team
3101 W US Hwy 66
Gallup, NM 87301
ECONOLODGE · Hospitality Property For Sale
·
9,088 SF
INVESTMENT HIGHLIGHTS
- Hotel Growth – Both ADR and RevPAR are up over 9% YOY for the surrounding area
- Gallup Job Growth – The City’s job market has grown 1.2% over the last year
- Historic Highway – Strategically located along Historic Route 66 which sees 14,000 vehicles per day and travels from Chicago to Los Angeles
- New Renovations – Interior of the property was fully renovated in 2021 and includes new furniture, fixtures, flooring, and paint
- Dense Population – Gallup is part of the four corners trade area with approximately 56,381 residents
- Retail Anchored – Property is located ± 1 mile from Walmart, JCPenney’s, Hobby Lobby, Safeway, Albertsons, Dollar Tree, McDonalds, Sonic, and more
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1984 |
| Building Class | C | Parking Ratio | 1.23/1,000 SF |
| Lot Size | 1.58 AC | Corridor | Interior |
| Building Size | 9,088 SF | ||
| Zoning | C-3B | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.58 AC |
| Building Size | 9,088 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 1.23/1,000 SF |
| Corridor | Interior |
| Zoning | C-3B |
AMENITIES
- Business Center
PROPERTY TAXES
| Parcel Number | R206039 | Improvements Assessment | $224,063 |
| Land Assessment | $64,000 | Total Assessment | $288,063 |
PROPERTY TAXES
Parcel Number
R206039
Land Assessment
$64,000
Improvements Assessment
$224,063
Total Assessment
$288,063
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