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Property profile & analytics
OFF-MARKET Estimated value $755,000
Hotels

6031 Iliff NW Rd Albuquerque, NM 87121-0906

32,184 SF 1.79 ac lot Built 1992
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US61-0268391
Property summary
AI-generated overview

This exceptional 81-key Days Inn hotel presents a compelling investment opportunity in Albuquerque, New Mexico. Located at 6031 Iliff Rd NW, this two-story, exterior-corridor property boasts 41,854 square feet on a 77,972 square foot lot (APN: 1-011-059-058082-3-08-04). Built in 1992, the hotel is zoned for hotel use and offers a compelling price per square foot of $82.43, translating to an asking price of $3,450,000, or under $43,000 per room. The property's strategic location within the Albuquerque MSA provides convenient access to key attractions, including the Albuquerque International Sunport Airport, Petroglyph National Monument, and the Sandia Peak Aerial Tramway. This absentee-owned hotel is ideally suited for an owner-operator seeking hands-on involvement or an investor looking for a strong return. The motivated seller makes this a particularly attractive opportunity in the vibrant Albuquerque market. The property's size and established presence offer significant potential for growth and profitability. Detailed financial information is available upon request. This is a rare chance to acquire a well-situated hotel in a desirable location.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1992
Total area 32,184 SF
Lot 1.79 ac (78,060 SF)
APN 1-011-059-058-082-3-08-04
UPID US61-0268391
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
  • Days Inn by Wyndham Albuquerque West Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$815k
CAP Approach CAP
by Request
Comparable Approach Comparable
$700k
Blend (final) Blend
$755k
Owner & transaction history
Relianse Abq LLC · 4 yrs held
Relianse Abq LLC
since 2022
5 recorded transactions
2022
Price N/A
2018
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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