Days Inn Rio Rancho

Hospitality for Sale
Catylist Listing ID: 30003628
Property Subtypes: Hotel
Number of Units: 48 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $2,150,000
Unit Price: $44,791.67 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 10.7%
Last Updated: 7/31/2017

Overview / Comments

Marcus & Millichap has been chosen to exclusively market for sale the Days Inn Rio Rancho, a two-story limited service hotel located 13 miles from Downtown Albuquerque. The hotel consists of 48 exterior corridor rooms with close proximity to Interstates 25 and 40. Amenities include a heated outdoor pool & spa, business center and complimentary breakfast buffet with large dining area. Each guest room is equipped with a television, work desk, hair dryer, mini refrigerator, microwave and coffee/tea maker. Select suites include a balcony and/or adjoining rooms.

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho
Tax ID/APN: 1014069102150

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,669 60,747 139,650
Median Age: 45.05 40.74 37.63
Households: 4,643 23,238 52,728

Contact

Photograph of Listing Agent

Matthew Reeves

Marcus & Millichap CARNM CIE Member
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