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Property profile & analytics
OFF-MARKET
Hospitality properties

406 Route 66 Blvd Tucumcari, NM 88401

Property ID
US61-0957762
Property summary
AI-generated overview

This exceptional investment opportunity presents the Americana Motel, a well-maintained 18-room hotel situated at 406 E Route 66 Blvd in Tucumcari, New Mexico, zip code 88401. Built in 1935, this single-story property boasts a substantial 13,000 square feet of building space on a 0.63-acre lot. The motel's prime location along the iconic Route 66 offers significant historical appeal and strong potential for tourism-related revenue. The property is conveniently located near major freeways, providing easy access for travelers. Local attractions such as Tucumcari Lake further enhance its appeal. The Americana Motel is within reasonable driving distance of larger cities including Santa Fe, Amarillo, and Albuquerque, expanding its market reach. The asking price for this established hospitality business is $475,000. This represents a unique chance to acquire a piece of Route 66 history with established operations and significant upside potential. The property is not for auction and is not offered as a sublease. All rooms are clean and ready for guests.

Property profile
Verified
Property type Hospitality properties
UPID US61-0957762
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
  • americana motel Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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