3304 West Highway 66 Gallup, NM 87301

Exceptional investment opportunity: The Red Roof Inn in Gallup, New Mexico, is offered for sale at $5,350,000. This 103-unit, two-story hotel with exterior corridors boasts a prime location near Interstate 40, less than three miles from the Gallup Municipal Airport. Its strategic position benefits from Gallup's robust tourism economy, driven by visitors exploring the region's natural beauty and rich Native American culture. The property is situated near popular attractions such as El Morro National Monument, Chaco Culture National Historical Park, and the Zuni Mountains, offering diverse recreational opportunities for tourists. Gallup's role as a commercial and trade hub also ensures a consistent stream of business travelers seeking accommodation. The hotel's financial performance demonstrates its strength; 2022 room revenue totaled $1,699,534, followed by $1,557,561 in 2023. The trailing twelve months (TTM) revenue as of November 2024 reached $1,478,611, representing a 3.62x multiplier on the asking price. This well-performing asset presents a compelling investment opportunity in a thriving market. The property features a total building size of 52,000 square feet. This is a rare opportunity to acquire a well-established hotel with a proven track record in a desirable location.