2295 Historic Route 66 Santa Rosa, NM 88435
NewGen Advisory is proud to announce for sale the 34-room Econo Lodge Inn & Suites – Santa Rosa located in Santa Rosa, New Mexico. Conveniently situated right off U.S. Route 66, the property offers excellent visibility for travelers. This property presents a fantastic opportunity for owner-operators and first-time hotel buyers. With a manager’s living quarters featuring 2 bedrooms and 2 bathrooms, a hands-on operator can achieve an increased positive cashflow. Leveraging the power of the trusted Choice Hotels brand and a loyal customer base, this asset promises consistent cashflow and potential. Location Description Discover the endless possibilities for hospitality and economy investment in the vibrant community of Santa Rosa, New Mexico. Located along Historic Route 66, this thriving area offers a perfect blend of local charm and economic opportunity. Visitors can immerse themselves in the nostalgia of Route 66 at the Route 66 Auto Museum or take a refreshing dip in the beautiful Blue Hole. With a rich cultural heritage, diverse dining options, and a prime location for travelers, Santa Rosa presents an ideal setting for a successful hospitality venture. The area’s mix of natural beauty and historic allure makes it a lucrative prospect for savvy investors seeking to capitalize on its enduring appeal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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