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Property profile & analytics
FOR SALE
Hotels
1520 Candelaria Rd NE Albuquerque, NM 87107
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US61-0288381
For Sale
1 / 36
$2,500,000
1520 Candelaria Rd NE, Albuquerque, NM 87107
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Property summary
AI-generated overview
This 46-unit Days Inn in Albuquerque, New Mexico, presents a compelling investment opportunity. Located at 1520 Candelaria Rd NE, Albuquerque, NM 87107, this three-story, 16,956 square foot hotel sits on a 0.51-acre lot and benefits from convenient access to I-40 and I-25 via Candelaria Avenue. Built in 1984, the property has recently undergone a complete interior renovation, boasting a brand new interior corridor. The asking price is $2,500,000, translating to $147.44 per square foot. This represents a significant value proposition, priced well below replacement cost. The property is offered fee simple, and the seller is open to exploring owner financing or lease-to-purchase options for qualified buyers. The hotel is delivered to the buyer with no PIP (property improvement plan) requirements. This is an excellent opportunity for an owner-operator to increase revenue and control operating expenses in a well-located, recently renovated hotel.
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ambassador Inn Albuquerque Hotel & Motel
-
Days Inn Hotel & Motel
-
Days Inn by Wyndham Albuquerque I-25 Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tej Hospitality LLC · 3 yrs held
Tej Hospitality LLC
since 2022
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Albuquerque submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albuquerque submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,623
Tax year 2023
Assessed value
$200,588
Assessed 2023
Previous assessed
$185,729
+8.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$44,960
Assessed improvement
$155,628
Land market value
$134,892
Improvement market value
$466,932
Total market value
$601,824
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
For Sale
Year built
1984
Heating
NONE
Units
47
Total area
13,875 SF
Lot
0.51 ac (21,998 SF)
APN
1-015-059-370-450-1-03-27
UPID
US61-0288381
Jurisdiction
BERNALILLO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Units
47
Lot
0.51 ac
Current owner
From public records · entity-resolved
Tej Hospitality LLC
Entity
Mailing address
3846 SW TOPEKA BLVD, TOPEKA, KS 66609-1232
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2022
—
Tej Hospitality LLC
Yjcho LLC
Warranty Deed
$792,000 · Heritage Southeast Bank
Nov 20, 2019
—
Yjcho LLC
L Galarza & Sons INC
Special Warranty Deed
$770,000 · Pacific City Bank
Apr 8, 2004
—
L Galarza & Sons INC
Kholwadwala,khushman & Rita
Grant Deed
$1,350,000 · Firstbank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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