722 Route 66 Blvd, Tucumcari, NM 88401
This exceptional 8,971 square foot motel presents a rare investment opportunity on the iconic Route 66 in Tucumcari, New Mexico. Situated on a 0.19-acre lot, this meticulously maintained property boasts a prime location with high visibility from I-40 and numerous US and state highways, ensuring consistent year-round business. Originally opened in 1959, the motel has undergone a loving restoration, blending modern amenities with its mid-century charm. Recent improvements include a new roof and fresh paint inside and out. The property includes 12 standard guest rooms, complemented by two uniquely themed suites, a guest services room, a relaxing patio with a fire pit, and an additional fenced outdoor area. A fully equipped laundry room with commercial washer and dryer is also included. The sale includes a complete inventory of customized amenities, high-quality linens and towels, and branded merchandise. Most furniture, antiques, and memorabilia will remain, adding to the property's unique character and appeal. The motel enjoys a stellar reputation and consistently positive online reviews. The current owner is available to assist with training and a smooth transition for the new owner. Significant future potential exists, capitalizing on the upcoming 100th anniversary of Route 66 in 2026, and allowing for the potential addition of 4-6 more guest rooms. The iconic motel sign is also ripe for continued restoration. Priced at $790,000, this is a truly unique and profitable venture.
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Motel Safari Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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