Route 66 Econo Lodge
2295 Historic Route 66 Santa Rosa, NM 88435
2295 Historic Route 66, Santa Rosa, NM, 88435
$2,700,000
For Sale
$2,700,000
34-room Econo Lodge Inn & Suites – Santa Rosa, NM
Property Size18,000 SF
Price / SF$150
Days on Market539
Property Features for 2295 Historic Route 66
General Information
- Standard status
- Active
- Property type
- Hotels, Other hospitality properties, Other residential income properties, Hospitality properties, Residential income properties
- Size
- 18,000 SF
- Elevators
- N/A
Building Details
- Year Built
- 1954
- Buildings
- 1
- Stories
- 1
- Units
- 34
Listing agency
(520) 664-4091
Listed by
Jigar “jay”
(520) 664-4091
Added: Jan 28, 2025 Updated: Mar 16 at 9:06AM
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
Location Intelligence
Current Use by Public Records
Hotels
FAQs
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
