1504 Santa Fe Ave Grants, NM 87020-4004

Property Details for 1504 Santa Fe Ave

Lot size

1.30 lot acres

Property size

22,404 SF

Property type

Commercial real estate

APN

2054060239488

APU

2054060239488

Description

This exceptional investment opportunity presents the Days Inn Grants, a 54-key hotel ideally situated at 1504 E Santa Fe Ave, Grants, NM 87020. Nestled on a spacious 2.76-acre lot, this established property, built in 1990, offers a blend of classic charm and modern amenities. The hotel's 54 rooms cater to a diverse range of travelers seeking comfortable and convenient accommodations. The asking price is $2,799,900, representing a compelling value in the current market. Located in Cibola County, the Days Inn benefits from a strong local economy, supported by a projected 2022 average household income of $54,314 within a one-mile radius. This robust demographic profile ensures a consistent stream of potential guests. The property's strategic location in Grants, New Mexico, provides easy access to local attractions and businesses, further enhancing its appeal to both leisure and business travelers. This presents a rare chance to acquire a well-established hotel in a growing community, offering significant potential for future growth and profitability. This turnkey operation is ready for a new owner to capitalize on its existing success and further develop its market position. The property's size and location make it an attractive proposition for investors seeking a stable and rewarding addition to their portfolio. Don't miss this chance to own a piece of Grants' hospitality landscape.