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Property profile & analytics
OFF-MARKET
Hotels

6015 Iliff NW Rd Albuquerque, NM 87121-0906

9,064 SF 2.07 ac lot Built 1984
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US61-0234246
Property summary
AI-generated overview

Exceptional investment opportunity: Motel 6 Albuquerque, a 128-key hotel situated on a 2.07-acre lot at 6015 Iliff Rd NW, Albuquerque, NM 87121. This established property, built in 1984, offers a substantial 16,792 square feet of building space within a thriving market. The hotel's prime location boasts a strong demographic profile, with over 212,000 residents within a 5-mile radius and an average household income exceeding $83,720 in 2023. The two-story building is zoned A1, providing a solid foundation for continued operation and potential expansion. This turnkey hospitality asset presents a compelling opportunity for investors seeking a high-performing property in a dynamic Albuquerque market. The asking price is $3,999,999. Bernalillo County location provides access to key transportation routes and amenities. This is a rare chance to acquire a well-established hotel with significant growth potential in a desirable area. The property's size and location make it an attractive option for both seasoned investors and those new to the hospitality sector. Don't miss this chance to capitalize on the robust Albuquerque economy.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1984
Total area 9,064 SF
Lot 2.07 ac (90,039 SF)
APN 1-011-059-077-083-3-08-01
UPID US61-0234246
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
  • Motel 6 Albuquerque West Coors Road Hotel & Motel
  • New Mexico Heart Institute Corporate Office
  • Motel 6 Albuquerque, NM - Coors Road Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hotel Gp Iliffe Abq LLC · 3 yrs held
Hotel Gp Iliffe Abq LLC
since 2023
7 recorded transactions
2023
Price N/A
2020
Price N/A
2020
Price N/A
2020
Price N/A
2017
Price N/A
2012
Price N/A
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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