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Grants, NM Hotels for Sale

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Milan, NM San Rafael, NM San Fidel, NM Prewitt, NM Ramah, NM Chama, NM Bluewater, NM
Former Red Lion Redevelopment Opportunity
Updated: Mar 4
Former Red Lion Redevelopment Opportunity

1501 E Santa Fe Ave, Grants, NM 87020

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183,757 sqft
Vacant Value‑Add: Renovate and reposition without operational disruption.
Prime I‑40 Location: High visibility and direct interstate access.
Flexible Repositioning: Rebrand (Choice, Wyndham, Sonesta), convert to workforce housing, or redevelop to apartments.
Flexible Deal Structure: Seller open to creative financing.
Stable Local Demand: Energy, mining, construction, transportation, and government drivers.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Grants, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Rodeway Inn Hotel with 49 Rooms
Rodeway Inn Hotel with 49 Rooms

3275 W Historic Hwy 66, Gallup, NM 87301

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26,011 sqft 1.79 AC lot

Renovated in 2021, the two-story property operates under a land lease.

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Microtel Hotel with 50 Rooms
Microtel Hotel with 50 Rooms

9910 Avalon Rd NW, Albuquerque, NM 87121

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Three-story interior-corridor property with shuttle, laundry, and business center amenities.

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Red Roof Inn
Red Roof Inn

3304 West Highway 66, Gallup, NM 87301

$5,350,000
52,000 sqft

Red Roof Inn – Gallup, NM

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Holiday Inn Hotel Property
Holiday Inn Hotel Property

1501 Sunport Pl SE, Albuquerque, NM 87106

Contact for pricing

Branded hospitality asset offering guest accommodations in Albuquerque, New Mexico.

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Grants, NM Hotels Market Trends and Statistics

Explore 1 hotels for sale in Grants, NM on our real estate platform. These investment opportunities span a total of 183,757 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 12K
Population Growth (5Y) +6.3%
Median Household Income $67,511
College Educated 32.4%

Taxes & Financing

Tax Rate (average for all types) 3.74%
Property Tax per SF $41.14 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cibola County

New Delisted

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