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1520 Candelaria Rd NE Albuquerque, NM 87107

Sponsored
For Sale
$2,500,000

46-unit hotel, fully renovated, prime location.

Property size:
13,875 SF

Description

Added:
Jan 28, 2025
Days on Market:
344
This exceptional investment opportunity presents a fully renovated, 46-unit Days Inn hotel in Albuquerque, New Mexico. Strategically located near the intersection of I-25 and I-40, this interior corridor property boasts convenient access for travelers. The hotel underwent a complete modernization within the past year, offering a fresh and updated experience for guests. This presents a significant advantage for an owner-operator seeking to maximize revenue and control operating expenses. The property is currently absentee-managed, providing potential for increased profitability under active management. The asking price is significantly below replacement cost, making this a compelling investment. Furthermore, owner financing or lease-to-purchase options may be available to qualified buyers, offering flexible acquisition pathways. The property is being delivered to the buyer without any required property improvement plans (PIPs). Albuquerque, New Mexico's largest city, offers a vibrant cultural scene and is known for its annual International Balloon Fiesta, attracting a substantial tourist population. This Days Inn benefits from its proximity to both I-25 and I-40, ensuring high visibility and accessibility for travelers. This is a rare opportunity to acquire a well-positioned, recently renovated hotel in a thriving market.

Property Features for 1520 Candelaria Rd NE

General Information

Property type
Hotels
Square Feet
13,875 SF
Price / Square Foot
$180
Elevators
N/A

Building Details

Year Built/Renovated
1984/2023
Buildings
1
Stories
3
Units
46

HighLights

  • Fully renovated 46‑unit Days Inn in Albuquerque, NM.
  • Convenient I‑40 & I‑25 access, ideal for travelers.
  • Owner financing or lease‑to‑purchase options available.
Location Intelligence

Current Use by Public Records

Ambassador Inn Albuquerque Hotel Days Inn Hotel Days Inn by ... Hotel

Suggested Use

Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Building Supply Wholesale Shop Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Albuquerque
State
New Mexico
Longitude
-106.627071
Latitude
35.114334

FAQs

What type of property is this?
Hotel - 46-unit hotel, fully renovated, prime location.
Where is this hotel located?
The property is located at 1520 Candelaria Rd NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Fully renovated 46-unit Days Inn in Albuquerque, NM.; Convenient I-40 & I-25 access, ideal for travelers.; Owner financing or lease-to-purchase options available.
More about this property
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