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

1505 E Santa Fe Ave
Grants, NM 87020

Motel 6 Grants · Hospitality Property For Sale · 31,347 SF

INVESTMENT HIGHLIGHTS

  • 100 rooms, 2 stories
  • 2023 Revenue: $1,304,580
  • 2022 NOI - $410,610
  • $34,750/key
  • Well priced at a 2.66x multiplier of the 2023 Revenue
  • Manager's Apartment Onsite

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.74 AC
Building Size 31,347 SF
No. Stories 2
Year Built 1978
Parking Ratio 2.84/1,000 SF
Corridor Exterior

AMENITIES

  • Pool
  • High Speed Internet Access
  • Public Access Wifi

PROPERTY TAXES

ZONING

Zoning Code Commercial
  • Listing ID: 28461720

  • Date on Market: 5/11/2023

  • Last Updated:

  • Address: 1505 E Santa Fe Ave, Grants, NM 87020