Days Inn Albuquerque For
1520 Candelaria Rd NE Albuquerque, NM 87107
1520 Candelaria Rd NE, Albuquerque, NM, 87107
Contact for pricing
For Sale
Contact for pricing
46-unit Days Inn in Albuquerque, New Mexico for sale.
Property Size16,956 SF
Price / SF$147.44
Days on Market729
Property Features for 1520 Candelaria Rd NE
General Information
- Standard status
- Active
- Size
- 16,956 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 1984
Listing agency
NewGen Advisory Phoenix
(520) 664-4091
Listed by
Jigar "Jay" Desai · License #AZ SA675144000
Source
Crexi
Added: Jul 24, 2024 Updated: Jul 6 at 8:29AM Checked: Jul 22 at 11:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NewGen Advisory Phoenix
Investment Insights
Based on property information with market context.
The Days Inn in Albuquerque, New Mexico, features 46 units. Situated on the exit of Candelaria Avenue, the property offers convenient access to Interstate-40 and Interstate-25. This interior corridor property has undergone a full modern renovation in the past year. The property size is 16956 square feet. This property presents an owner operator with a great opportunity to come into this absentee run hotel and increase revenues while controlling operating expenses. Owner financing or lease to purchase options may be available to qualified buyers.
Key Highlights
- Fully renovated interior corridor property.
- Easy access to Interstate‑40 and Interstate‑25.
- 46 Units.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $244.2k | $14.40 |
| − Vacancy | −$29.3k | −$1.73 |
| EGI | $214.9k | $12.67 |
| − OpEx | −$112.8k | −$6.65 |
| NOI | $102.1k | $6.02 |
16,956 SF · lease $14.40/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.46M
$1.28M – $1.70M
NOI $102,062 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.10M
$3.59M – $4.79M
NOI $287,140 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ambassador Inn Albuquerque
Hotel & Motel
Days Inn
Hotel & Motel
Days Inn by ...
Hotel & Motel
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- Studio 6 Albuquerque, NM – Midtown — 1701 University Blvd NE, Albuquerque, NM 87102
FAQs
What type of property is this?
Motel - 46-unit Days Inn in Albuquerque, New Mexico for sale.
Where is this motel 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 interior corridor property.; Easy access to Interstate‑40 and Interstate‑25.; 46 Units.
