Building Details

Year Built 1954

Buildings 1

Stories 1

Units 34

Listed By: Jigar “jay” Desai Show Phone

Added: Jan 28, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 34-room Econo Lodge Inn & Suites is located in Santa Rosa, New Mexico, directly off Historic Route 66, providing excellent visibility to travelers. The 18,000 square foot property offers a fantastic opportunity for owner-operators and first-time hotel buyers. A significant advantage is the inclusion of a manager's living quarters, boasting two bedrooms and two bathrooms, allowing for increased positive cash flow through hands-on operation. The property benefits from the established Choice Hotels brand and a loyal customer base, promising consistent revenue and growth potential. Santa Rosa itself offers a blend of local charm and economic opportunity, attracting visitors to attractions such as the Route 66 Auto Museum and the Blue Hole. The town's rich cultural heritage, diverse dining options, and prime location along a historic route create a lucrative environment for hospitality investments. Recent financial performance shows a revenue increase of nearly $30,000 compared to 2023 figures, indicating strong potential for future profitability. The seller is open to considering all written offers.

Key Highlights

• Perfect opportunity for first time hotel buyer
• Minimal PIP
• Revenue up nearly $30,000 compared to 2023 numbers

Property Analytics

Current Use

Hotels

Location Intelligence

Trade Area within ½ mile

Explore this area Business Placement

Demographics for 88435, NM

3,593

Population

1,575

Households

2.3

Avg Household Size

41

Median Age

18%

College-Educated

86%

High-School Grad

1,800.2 sq mi

ZIP Area

2

Density / Sq Mi

$41,645

Median Household Income

$30,467

Median Earnings

$525

Median Rent

$113,600

Median Home Value

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What type of property is this? Where is this hotels located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Hotel - 34-room Econo Lodge Inn & Suites – Santa Rosa, NM

Where is this hotel located?

The property is located at 2295 Historic Route 66 Santa Rosa, NM.

What is the asking price?

The asking price for this property is $2,700,000.

What are key features of this property?

This property features: Perfect opportunity for first time hotel buyer; Minimal PIP; Revenue up nearly $30,000 compared to 2023 numbers