Property profile

1520 Candelaria Rd NE Albuquerque, NM 87107

FOR SALE
Hotels
Property ID
US61-0288381
13,875 SF 0.51 ac lot Built 1984
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 46-unit Days Inn hotel in Albuquerque, New Mexico, situated near the intersection of I-25 and I-40 for regional highway access. It has undergone a full renovation within the prior year and is configured as a limited-service lodging facility with 46 individual units. The property is provided without any required property improvement plans, and it has been operated with absentee management.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1984
Total area 13,875 SF
Lot 0.51 ac (21,998 SF)
APN 1-015-059-370-450-1-03-27
UPID US61-0288381

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Hotel & Motel
  • Hotel & Motel

Location

1520 Candelaria Rd NE Albuquerque, NM 87107
Albuquerque metro Census 2900 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2019
Price N/A
2004
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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