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Red Roof Inn Gallup 3304 W Highway 66 103 Room Hotel Gallup, NM 87301 $5,350,000 ($51,942/Room)
INVESTMENT HIGHLIGHTS
- 103 units, 2 story, exterior corridor
- 2023 room revenue: $1,557,561
- TTM September 2025 - $1,441,088
- Located on I-40 and 2 hours from Albuquerque
- 2024 room revenue: $1,490,642
EXECUTIVE SUMMARY
The Bowman Post Group of NewGen Advisory is pleased to present for sale the Red Roof Inn – Gallup, NM. This property is well located near Interstate 40 and is less than 3 miles from the Gallup Municipal Airport. This Red Roof is outperforming the comp set and is a great cash flowing asset.
The economy of Gallup is built around tourism. Many visitors come to explore the natural beauty and experience the rich culture and traditions of the local Native American Tribes. Red Roof Inn – Gallup, NM is located near several outdoor recreation areas, including El Morro National Monument, the Chaco Culture National Historical Park, and the Zuni Mountain. These areas offer hiking, camping, fishing, and other outdoor activities for visitors to enjoy. Gallup is the hub for for commerce and trade, which means there’s a constant stream of business travelers, requiring lodging during their stay.
The economy of Gallup is built around tourism. Many visitors come to explore the natural beauty and experience the rich culture and traditions of the local Native American Tribes. Red Roof Inn – Gallup, NM is located near several outdoor recreation areas, including El Morro National Monument, the Chaco Culture National Historical Park, and the Zuni Mountain. These areas offer hiking, camping, fishing, and other outdoor activities for visitors to enjoy. Gallup is the hub for for commerce and trade, which means there’s a constant stream of business travelers, requiring lodging during their stay.
PROPERTY FACTS
| Price | $5,350,000 | Building Size | 52,000 SF |
| Price Per Room | $51,942 | No. Rooms | 103 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1988/2006 |
| Property Subtype | Hotel | Parking Ratio | 2.23/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.53 AC | Opportunity Zone |
Yes
|
| Zoning | Commercial | ||
| Price | $5,350,000 |
| Price Per Room | $51,942 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.53 AC |
| Building Size | 52,000 SF |
| No. Rooms | 103 |
| No. Stories | 2 |
| Year Built/Renovated | 1988/2006 |
| Parking Ratio | 2.23/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
AMENITIES
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 3 | $118.00 | - |
| Guest Room | 100 | $76.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | R606375 | Improvements Assessment | $172,978 |
| Land Assessment | $91,840 | Total Assessment | $264,818 |
PROPERTY TAXES
Parcel Number
R606375
Land Assessment
$91,840
Improvements Assessment
$172,978
Total Assessment
$264,818
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Red Roof Inn Gallup | 3304 W Highway 66
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