$1,600 / month
2-Bedroom House for Rent in Albuquerque, NM | 720 Woodland Ave NW
Albuquerque, New Mexico
Soft OfferHotel for Sale in Albuquerque New Mexico 87107
6851 4TH Street NW, Albuquerque, New Mexico 87107
$2,500,000
$273 / sq ft Listed Feb 21, 2025
9,141 sqft
Building
55,757 sqft
Lot
1946
Built
2
Stories
48
Parking
1
Units
About this property
Hotel for Sale in Albuquerque New Mexico 87107 is a lodging and hospitality for sale in Albuquerque, New Mexico, listed at $2,500,000. Key details: year built 1946, building size 9,141 sqft, lot size 55,757 sqft, stories 2. Listed by Coralee Quintana of Exp Realty on LoopingCloud and last updated February 21, 2025.
The Route 66 era architecture of this asset stands the test of time. With generous room sizes (+/-306 SF average size), this property is perfect for a model revival. The generous caretaker apartment (+/-2,270 SF) could be remodeled for a restaurant, gym or brewery and features a large 2nd story patio. The property is heated by a central boiler system and cooled by individual swamp coolers. The property has an abundance of parking, and a pool area that could potentially be reused or repurposed. The site features excellent access off 4th street and iconic Route 66 signage. It includes amenities such as complimentary on-site parking, is pet friendly with ADA rooms available.
Key highlights
- Accessibility WheelchairAccess
- Tax Annual Amount 2880.66
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1946
- Building Size
- 9,141 sqft
- Lot Size
- 55,757 sqft
- Stories
- 2
- Parking Spaces
- 48
- Total Units
- 1
- Building Class
- Class C
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$273
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $2,500,000 | - | - | - | - |
Features and amenities
Property Features
- Accessibility: WheelchairAccess
- Directions: Take I-40 W to exit 158 for 6th St towards 12th St. Slight right onto the 6th Street slip road. Merge onto 6th St NW. Turn right onto Menaul Blvd NW. Turn left onto 4th St NW. 6851 4th Street will be
- Tax Annual Amount: 2880.66
Utilities
- CableConnected,ElectricityConnected,PhoneConnected,SewerConnected,WaterConnected
Location
Address as shown by the lister.
Get directionsAbout this area - Albuquerque
- Population
- 30,781
- Housing units
- 13,318
- Land area
- 14.7 sq mi
- County
- Bernalillo
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadFrequently asked questions
What is the asking price of Hotel for Sale in Albuquerque New Mexico 87107?
Hotel for Sale in Albuquerque New Mexico 87107 is listed at $2,500,000. That works out to about $273 per square foot.
Where is Hotel for Sale in Albuquerque New Mexico 87107 located?
The property is in 6851 4TH Street NW, Albuquerque, New Mexico 87107, Bernalillo County.
What type of property is this?
This is a lodging and hospitality for sale in the commercial category.
How big is the property?
The building is 9,141 sqft. The lot is 55,757 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Coralee Quintana of Exp Realty listed this property. Use the Request Info button to send a message or call (505) 639-1266.
When was this listing published?
It was published on February 21, 2025 and last updated on February 21, 2025.
Listing information
- Listing ID
- CL-New Mexico-14248
- Published
- Feb 21, 2025
- Last updated
- Feb 21, 2025
- Views
- 385
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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
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