Property profile

1620 Route 66 E Tucumcari, NM 88401

FOR SALE
Motels
Property ID
US61-1117043
Built 1963
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Property summary

AI-generated overview

Historic Route 66 Motel - Easy access, located 2 blocks from the Route 66 & Hwy 54 bypass. 25 rooms completely redone in retro 1950's style with plenty of parking. Pillowtop mattresses, a comfortable place to stay. Living quarters for the owner/manager. large registration area with all the information about Route 66 you could possible need. Each room has microwave, frig, full bath (with tub). Garage behind the motel for storage, etc. Flat metal room on the entire building. Hot water heater installed for the rooms with an extra hot water heater for backup. All furniture including the owners suite. Coffee Shop is not open but has all the equipment included. Vintage airplanes in the grassy area add the perfect touch. Could also be used as large residence or monthly rentals. The possibilities are endless.

Property profile

Verified
Property type Motels
Year built 1963
UPID US61-1117043

Cap rate & NOI

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

Location

1620 Route 66 E Tucumcari, NM 88401
Tucumcari metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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