4630 Pan American Fwy NE | Albuquerque, NM 87109
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4630 Pan American Fwy NE
Albuquerque, NM 87109
Spark by Hilton Albuquerque North I-25 · Hospitality Property For Sale · 56,977 SF
Investment Highlights
- 89 spaciously-appointed two-room suites
- Trailing 12 Months Average Daily Rates exceeds 2019 rates by almost more than 9%
- Located close to Albuquerque International Airport, Old Town, Sandia Peak Tramway, the University of New Mexico and many more demand generators
- Trailing 12 Months Room Revenues exceeds 2019 Room Revenue by over 4%
- Significant upside potential to increase revenues with comprehensive rate management and occupancy building strategy.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1999/2017 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.53 AC | Parking Ratio | 2.49/1,000 SF |
| Building Size | 56,977 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.53 AC |
| Building Size | 56,977 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1999/2017 |
| Tenancy | Single |
| Parking Ratio | 2.49/1,000 SF |
| Corridor | Interior |
Amenities
- Balcony
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Number | 1-016-061-448090-4-04-05 | Improvements Assessment | $655,994 |
| Land Assessment | $231,277 | Total Assessment | $887,271 |
PROPERTY TAXES
Parcel Number
1-016-061-448090-4-04-05
Land Assessment
$231,277
Improvements Assessment
$655,994
Total Assessment
$887,271
zoning
| Zoning Code | RH-C (Hospitality) |
| RH-C (Hospitality) |
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