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Hotel-Motel

Motel 6 Moriarty NM

1901 Main Street, Moriarty, NM 87035

Listing Price: $1,400,000

Number of Rooms
39
RevPAR
$45
Gross SF
15,843
Price/Room
$35,897
Price/Gross SF
$88.37
Year Built
1989

Investment Overview

The Kumar Group at Marcus & Millichap is pleased to present the Motel 6 Moriarty, in Moriarty, Torrance County, New Mexico. The hotel is being offered at $1,400,000 or $35,897 per room. The hotel was constructed in 1989 and is a 39-room, two-story, interior corridor property with a mini-coffee and breakfast nook in the lobby, and 2 handicap-accessible rooms on the first floor with two handicapped parking. All rooms are equipped with individual A/C units to combat summertime heat and winter cold, and a flat-screen TV for guest enjoyment. This hotel presents a new owner with an opportunity to acquire a turnkey and ideally located asset. The asset is classified as an economy property for the area, and also has a Live-in Manager’s Quarters with a large kitchen, 1 full bath, and the option of a connecting room to extend to make a large bedroom, with an additional 1 full bath all for on-site management.

Investment Highlights

  • Solid 10% CAP Rate
  • Well-established brand with consistent business from truckers, local temporary stay workers, and passersby
  • Conveniently located at the On/Off ramp of I-40 Fwy; across the street from the busy TA Truck Station

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

Hotel-Motel

Motel 6 Moriarty NM

Listing Price: $1,400,000

Number of Rooms
39
RevPAR
$45
Gross SF
15,843
Price/Room
$35,897
Price/Gross SF
$88.37
Year Built
1989

Investment Highlights

  • Solid 10% CAP Rate
  • Well-established brand with consistent business from truckers, local temporary stay workers, and passersby
  • Conveniently located at the On/Off ramp of I-40 Fwy; across the street from the busy TA Truck Station

Investment Overview

The Kumar Group at Marcus & Millichap is pleased to present the Motel 6 Moriarty, in Moriarty, Torrance County, New Mexico. The hotel is being offered at $1,400,000 or $35,897 per room. The hotel was constructed in 1989 and is a 39-room, two-story, interior corridor property with a mini-coffee and breakfast nook in the lobby, and 2 handicap-accessible rooms on the first floor with two handicapped parking. All rooms are equipped with individual A/C units to combat summertime heat and winter cold, and a flat-screen TV for guest enjoyment. This hotel presents a new owner with an opportunity to acquire a turnkey and ideally located asset. The asset is classified as an economy property for the area, and also has a Live-in Manager’s Quarters with a large kitchen, 1 full bath, and the option of a connecting room to extend to make a large bedroom, with an additional 1 full bath all for on-site management.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

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