Property profile

1801 Yale SE Blvd Albuquerque, NM 87106

OFF-MARKET
Hotels
Property ID
US61-0142193
33,960 SF 2.06 ac lot Built 1996
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 72-key Comfort Inn, built in 1997, presents a compelling investment opportunity in Albuquerque, New Mexico. Located on a 2.06-acre lot at 1801 Yale Blvd SE (APN 1-015-056-536125-4-05-11), this three-story hotel boasts a strong pro-forma NOI of $588,213 and an 8.46% pro-forma cap rate, with an asking price of $6,950,000 ($96,527.78 per key). Its strategic location between Albuquerque International Sunport and downtown Albuquerque ensures consistent occupancy from both business and leisure travelers. The hotel benefits from easy access to major highways, the University of New Mexico, the Sandia Mountains, and numerous corporate and government facilities. The property's potential for conversion to a Spark unit is also a noteworthy consideration. This well-positioned hotel offers investors a chance to acquire a high-performing asset in a thriving New Mexico market, just 1.8 miles from the Albuquerque International Sunport. The property's strong performance metrics and convenient location make it an attractive investment prospect.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1996
Total area 33,960 SF
Lot 2.06 ac (89,734 SF)
APN 1-015-056-536-125-4-05-11
UPID US61-0142193

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

Location

1801 Yale SE Blvd Albuquerque, NM 87106-4137
Albuquerque metro Census 1201 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$835k
CAP Approach CAP
by Request
Comparable Approach Comparable
$477k
Blend (final) Blend
$835k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2019
Price N/A
2018
Price N/A
2014
Price N/A
2012
Price N/A
2012
$1.6M
2008
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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