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This Hospitality Property is no longer advertised on LoopNet.com.

13139 Central Ave NE
Albuquerque, NM 87123

Tramway Inn · Hospitality Property For Sale · 14,989 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.67 AC
Building Size 14,989 SF
No. Stories 2
Year Built 1990
Tenancy Single
Parking Ratio 3.19/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wifi

About 13139 Central Ave NE , Albuquerque, NM 87123

The Tramway Inn was built in 1990 and offers High Speed Internet, 5 HBO channels, full cable, 26 non-smoking rooms, manager's apartment and one fully ADA room. The roof shingles were replaced 6 years ago and the water heater is only 2 years old. Each room has a heat pump for cooling and heating. This is an owner managed property with a current cap rate of 52% with deferred maintenance consisting of paint, flooring, signage, and parking lot surfacing. Buyer's costs and profit margin may be less. Nine rooms are currently extended stay guests.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-022-056-449417-1-07-27
Land Assessment
$68,069
Improvements Assessment
$152,036
Total Assessment
$220,105

zoning

Zoning Code MX-H
MX-H
  • Listing ID: 17549306

  • Date on Market: 10/25/2019

  • Last Updated:

  • Address: 13139 Central Ave NE, Albuquerque, NM 87123

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