Listing by Olivia Zhao #12

Listing by Olivia Zhao #12


4 Hotels Portfolio for Sale in New Mexico

700 Scott Avenue, Farmington, NM 87401, Farmington, NM 87401

GG 10

Hotel / Motel For Sale

Price:
$25,010,000
No. Rooms:
568
Building Size:
516,800 SF
Price/Room:
$44,031.69
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Property Use Type:
Investment
Cap Rate:
13.40%
Lot Size:
13.47 AC
Listing ID
18213111
Last Updated
14 days ago

Description

Following Hotels Can Be Sold Separately.

1. RED LION HOTEL, Farmington

Number of Keys: 192 / Lot Size: 4.47 AC. / Year Built: 1976 (Renovated at 1995)

360° Photo Tour
http://www.prosearchplus.com/tour/redlionfarmingtonnm/

2. RED LION HOTEL, Grants

Number of Keys: 126 / Lot Size: 2 AC. / Year Built: 1976

360° Photo Tour
http://www.prosearchplus.com/tour/redliongrantsnm/

3. RED LION HOTEL, Gallup

Number of Keys: 126 / Lot Size: 2 AC. / Year Built: 1976

360° Photo Tour
http://www.prosearchplus.com/tour/redliongallupnm/

4. BEST WESTERN PLUS, Roswell

Rooms: 124 / Lot Size: 5 AC. / Year Built: 1976 (Renovated at 1995)

360° Photo Tour
http://www.prosearchplus.com/tour/bwroswellnm/index.html

Four Hotels are sold together with BEST Price for BEST Return, looking for BEST Buyer!

Financial Summary

  • Proforma
  • $3,120,000

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