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- LoopNet Team
6030 Iliff Rd NW
Albuquerque, NM 87121
Super 8 Albuquerque · Hospitality Property For Sale
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98 Rooms
INVESTMENT HIGHLIGHTS
- 98-Room, Interior Corridor, Economy Hotel
- Priced Significantly Below Replacement Cost at $31,633 Per Key
- Located Within an Opportunity Zone; See Agent for More Information
- Three Miles from ABQ BioPark Aquarium
- 82 Percent RevPAR Index; Upside Potential for New Investor
- Operational Upside for Prospective Hands-On Owner-Operator Investor
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1990/2004 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.20 AC | Parking Ratio | 1.08/1,000 SF |
| Building Size | 36,222 SF | Corridor | Interior |
| No. Rooms | 98 | ||
| Zoning | AE0 - Hotel | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.20 AC |
| Building Size | 36,222 SF |
| No. Rooms | 98 |
| No. Stories | 3 |
| Year Built/Renovated | 1990/2004 |
| Tenancy | Single |
| Parking Ratio | 1.08/1,000 SF |
| Corridor | Interior |
| Zoning | AE0 - Hotel |
AMENITIES
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 6030 ILIFF RD NW , ALBUQUERQUE, NM 87121
Property Overview: The Super 8 Albuquerque is a 98-room, three-story hotel that was built in 1990. The Wyndham Hotels & Resorts-branded economy hotel features each guest room with a flat-screen television, and family/oversized rooms are available. The common areas include bus/truck/RV parking and laundry facilities. Location Overview: Albuquerque, New Mexico is a city located in Bernalillo County in the central region of the state, 60 miles southwest of Santa Fe and 140 miles southeast of Gallup. The Super 8 Albuquerque is superbly positioned on Iliff Road, near the Interstate 40 and Highway 45 interchange. With the city's major employers and popular demand generators in close proximity to the property, this sought after hotel benefits from many key industries of the city which include healthcare & social assistance, retail trade, and educational services. Lovelace Medical Center Downtown and Intel Corp, two of the city's largest employers located approximately eight miles from the hotel, are prime revenue drivers for the surrounding area. Other major employers that are responsible for a significant portion of the workforce include Sandia National Labs (7.9 miles), General Mills Inc. (11.5 miles), and the Kirtland Air Force Base (17.5 miles). Demand generators in the area, like the University of New Mexico (6.9 miles) and Albuquerque International Sunport (9.0 miles) help bring additional revenue to the hotel through an increase in transient business. Extra demand drivers for the city include Petroglyph National Monument (3.9 miles), Cliffs Amusement Park (9.7 miles), and the Albuquerque Downs Racetrack & Casino (9.9 miles). The hotel also benefits from being (5 miles) from Albuquerque Regional Sports Complex which generates extensive sports team lodging demand.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 98 | $71.00 | - |
PROPERTY TAXES
| Parcel Number | 1-011-058-056529-2-24-03 | Improvements Assessment | $608,353 |
| Land Assessment | $181,890 | Total Assessment | $790,243 |
PROPERTY TAXES
