Sandia Peak Inn

Hospitality for Sale
Catylist Listing ID: 30745718
Property Subtypes: Motel
Number of Units: 41 Units
Building Size (RSF): 21,373 SF
Gross Building Area: See Agent
Gross Land Area: 0.81 Acres
Sale Price: $2,000,000
Unit Price: $48,780.49 Per Unit
Property Use Type: Business
Building Name: Motel Property
Name of Establishment: Sandia Peak Inn
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/24/2021

Overview / Comments

This property is in great shape, and shows well. The property is located at the signalized intersection of Central & 47th, and is located fairly close to Old Town. The property does feature two living quarters, a small indoor swimming pool with men's and women's baths, a breakfast room, an exercise room, an on-site laundry, and a vehicle charging facility. There are also storage units for two vehicles.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: South Valley
Taxing Authority: Bernalillo County
Tax ID/APN: 101205707041720680
Zoning: MX-M - Mixed-use: Moderate Intensity
Retail Clientele: Business
Property Located Between: Atrisco & Old Coors
Property Visibility: Excellent
Largest Nearby Street: Central Avenue
Feet of Frontage: 265
Highway Access: Central Avenue, the bus system, and the Rapid Ride Bus System.
Airports: Albuquerque Sunport
Site Description: Mostly level and mostly paved and landscaped
Area Description: Business with some residential
Nearby Attractions: Old Town
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Renovated: 2006
Roof Type: Arched
Construction/Siding: Stucco
Water Recreation: Indoor Pool
Total Parking Spaces: 37
Parking Type: Surface
Parking Description: Paved parking throughout
Sprinklers: None
Laundry: Laundromat Nearby
Heat Type: Electricity, Natural Gas
Heat Source: Wall Units, Other
Air Conditioning: Package Unit
Internet Access: Satellite
Lot Frontage: 265
Lot Depth: 142
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee simple
Legal Description: Lot 6-A-1-A, BLK 2, Plat of Lot 6-A-1-A, BLK 2 Zimmermann Addition (Being a Replat 6-A-1 & 6-A-2, BLK 2 Zimmermann Addition Cont. 0.8148+/- acre

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,632 135,464 238,819
Median Age: 33.16 32.97 33.16
Households: 6,976 49,137 89,372


Photograph of Listing Agent

Michael J. Contreras, CCIM

Sentinel Real Estate & Inv. CARNM CIE Member
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