4298 Cerrillos Rd | Santa Fe, NM 87507
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
4298 Cerrillos Rd
Santa Fe, NM 87507
La Quinta Inn by Wyndham Santa Fe · Hospitality Property For Sale · 70,595 SF
Investment Highlights
- Corporate-Owned La Quinta Inn – Opportunity to acquire a corporate-owned, 131- room, three-story, La Quinta Inn that sits on 3.72 acres of land
- PIP Cap – Per Section O of the Wyndham Franchise Agreement, there is a favorable PIP cap in place that is transferable to the Buyer
- High Barrier to Entry Market - The property is priced well below replacement cost
- Flying Tortilla Restaurant Included –The next-door restaurant is included in offering. Please see restaurant lease in the data room for information
- Management Upside – The La Quinta will be delivered unencumbered of management
- Centralized Location – The hotel is proximate to a variety of area’s major demand generators, including Santa Fe Plaza and Georgia O’Keeffe Museum
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1986/2014 |
| Building Class | B | Tenancy | Single |
| Lot Size | 3.14 AC | Parking Ratio | 3.92/1,000 SF |
| Building Size | 70,595 SF | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.14 AC |
| Building Size | 70,595 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1986/2014 |
| Tenancy | Single |
| Parking Ratio | 3.92/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 018601532 | Improvements Assessment | $3,927,284 |
| Land Assessment | $1,336,577 | Total Assessment | $5,263,861 |
PROPERTY TAXES
Parcel Number
018601532
Land Assessment
$1,336,577
Improvements Assessment
$3,927,284
Total Assessment
$5,263,861
zoning
| Zoning Code | Comm (Commercial) |
| Comm (Commercial) |
Learn More About Investing in Hospitality Properties
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
