Hampton Inn & Suites Albuquerque - Coors Road 6150 Iliff Rd NW 88 Room Hotel Albuquerque, NM 87121 For Sale
EXECUTIVE SUMMARY
The fee simple interest in the 88-room Hampton Inn & Suites by Hilton Albuquerque – Coors Road is available for sale. This institutionally owned asset is unencumbered by management and offers a strong in-place yield with a RevPAR of approximately $120+. The hotel is located in Albuquerque’s largest MSA and is readily financeable.
The property is less than 3.5 miles from Old Town Albuquerque, which has over 100 shops, galleries, and restaurants. It is also near key attractions including the Indian Pueblo Cultural Center, NM Museum of Natural History & Science, Albuquerque Museum, Botanical Gardens, Aquarium, and Zoo. The Rio Grande, offering hiking, biking, and kayaking, is less than 2 miles away.
Situated immediately adjacent to I-40 and Coors Road, the property is highly visible with over 150,000 vehicles passing daily. This is an ideal time to invest in Albuquerque, with an MSA population of approximately 1 million and major corporate investments from companies like Facebook, Amazon, and Netflix.
The Hilton flag can be retained with a new long-term license upon completion of the change-of-ownership PIP.
The property is less than 3.5 miles from Old Town Albuquerque, which has over 100 shops, galleries, and restaurants. It is also near key attractions including the Indian Pueblo Cultural Center, NM Museum of Natural History & Science, Albuquerque Museum, Botanical Gardens, Aquarium, and Zoo. The Rio Grande, offering hiking, biking, and kayaking, is less than 2 miles away.
Situated immediately adjacent to I-40 and Coors Road, the property is highly visible with over 150,000 vehicles passing daily. This is an ideal time to invest in Albuquerque, with an MSA population of approximately 1 million and major corporate investments from companies like Facebook, Amazon, and Netflix.
The Hilton flag can be retained with a new long-term license upon completion of the change-of-ownership PIP.
PROPERTY FACTS Under Contract
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.89 AC |
| Building Size | 58,724 SF |
| No. Rooms | 88 |
| No. Stories | 4 |
| Year Built | 2006 |
| Parking Ratio | 1.33/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | AEO |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 28 | $149.00 | - |
| Guest Room | 60 | $139.00 | - |
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PROPERTY TAXES
| Parcel Number | 1-011-059-008040-3-24-01 | Improvements Assessment | $1,079,520 |
| Land Assessment | $113,641 | Total Assessment | $1,193,161 |
