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Days Inn by Wyndham Grants 1504 E Santa Fe Ave

54 Room Hotel Grants, NM 87020 £2,227,376 (£41,248/Room)

Executive Summary

******* Seller Financing Available *********
Discover an investment opportunity at Days Inn Grants located at 1504 E Santa Fe Ave, Grants NM 87020. This charming property features 54 rooms on 2.76 acres of land, built in 1990, offering a nostalgic yet modern stay for guests. The offering price is $3,999,000, with a competitive price per key at $74,056, making it an attractive option for savvy investors. Surrounded by a growing community, the property boasts favorable demographics, including a projected 2022 average household income of $54,314 within a 1-mile radius, providing a solid customer base. Whether you're looking to expand your portfolio or venture into the hospitality market, Days Inn Grants offers a promising return on investment. Don't miss out on this exclusive opportunity - inquire today to secure your spot in this thriving market.
There is a 5,000 sqft mangers house. 3 bedroom and 5 bath.

Property Facts

Price £2,227,376
Price Per Room £41,248
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.30 AC
Building Size 48,072 SF
No. Rooms 54
Number of Floors 2
Year Built/Renovated 1990/2014
Tenancy Single
Parking Ratio 1.07/1,000 SF
Corridor Exterior

Amenities

  • Business Centre
  • Fitness Centre
  • High Speed Internet Access
  • Public Access Wi-Fi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 54 £82.73 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R18192
Land Assessment
£22,524
Improvements Assessment
£261,728
Total Assessment
£284,251

zoning

Zoning Code C
C
  • Listing ID: 31158451

  • Date on Market: 08/03/2024

  • Last Updated:

  • Address: 1504 E Santa Fe Ave, Grants, NM 87020

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