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El Camino Motor Hotel 6851 4th St NW

30 Room Hotel Los Ranchos De Albuquerque, NM 87107 £1,988,550 (£66,285/Room)

Investment Highlights

  • Turnkey Motel Property
  • Four Freestanding Buildings
  • Large Manager’s Room
  • Busy 4th Street Location
  • Attractive Southwest Architecture
  • Prime NW Los Ranchos Location

Executive Summary

The El Camino is a vintage boutique hotel located in the beautiful North Valley Village of Los Ranchos. The Route 66 era architecture of this asset stands the test of time. With generous room sizes (+/-306 SF average size), this property is perfect for a model revival. The generous caretaker apartment (+/-2,270 SF) could be remodeled for a restaurant, gym or brewery and features a large 2nd story patio. The property is heated by a central boiler system and cooled by individual swamp coolers. The property has an abundance of parking, and a pool area that could potentially be reused or repurposed. The site features excellent access off 4th street and iconic Route 66 signage. It includes amenities such as complimentary on-site parking, is pet friendly with ADA rooms available.

Property Facts

Price £1,988,550
Price Per Room £66,285
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.23 AC
Building Size 9,141 SF
No. Rooms 30
Number of Floors 1
Year Built 1946
Parking Ratio 5.25/1,000 SF
Corridor Exterior

Amenities

  • Pool

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 30 £32.61 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-015-063-050003-3-01-15
Land Assessment
£57,408
Improvements Assessment
£22,791
Total Assessment
£80,199

zoning

Zoning Code C-1 (Commercial)
C-1 (Commercial)
  • Listing ID: 34213421

  • Date on Market: 16/12/2024

  • Last Updated:

  • Address: 6851 4th St NW, Los Ranchos De Albuquerque, NM 87107

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