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Hotel-Motel

Comfort Inn Santa Rosa

2524 U.S. Rt. 66, Santa Rosa, NM 88435

Listing Price: $8,500,000

Cap Rate
12.10%
Number of Rooms
90
RevPAR
$71
Gross SF
35,350
Price/Room
$94,444
RRM
3.80
Price/Gross SF
$240.45
Year Built
1970

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Comfort Inn in Santa Rosa, New Mexico. The Comfort Inn Santa Rosa is offered for sale individually or in a portfolio with the Comfort Inn Albuquerque Downtown. This two-story interior corridor property has 90 rooms and sits on a spacious 3.06-acre parcel. The rooms and common areas have been renovated in 2023.

The Comfort Inn Santa Rosa is optimally located along Route 66, less than two hours away from downtown Albuquerque. Santa Rosa is well known for its scuba diving that draws divers from all around the world, along with many local museums and parks.

The Comfort Inn Santa Rosa represents a prime opportunity to capitalize on a turnkey hotel with strong in-place cashflow.

Investment Highlights

  • The Comfort Inn Santa Rosa is cross collateralized with the Comfort Inn & Suites Albuquerque Downtown, CMBS assumable loan available
  • Renovated in 2023, minimal PIP anticipated for buyer
  • Located right off the I-40, which is the 3rd longest interstate in the country spanning from California to North Carolina
  • Formerly 74 rooms, in June of 2023 the owner added 16 room
  • Additional 2 apartments can be converted to guest rooms to increase room count to 92
  • Santa Rosa known as is often referred to as the scuba capital of the Southwest attracting divers from all over the world

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

Comfort Inn Santa Rosa

Listing Price: $8,500,000

Cap Rate
12.10%
Number of Rooms
90
RevPAR
$71
Gross SF
35,350
Price/Room
$94,444
RRM
3.80
Price/Gross SF
$240.45
Year Built
1970

Investment Highlights

  • The Comfort Inn Santa Rosa is cross collateralized with the Comfort Inn & Suites Albuquerque Downtown, CMBS assumable loan available
  • Renovated in 2023, minimal PIP anticipated for buyer
  • Located right off the I-40, which is the 3rd longest interstate in the country spanning from California to North Carolina
  • Formerly 74 rooms, in June of 2023 the owner added 16 room
  • Additional 2 apartments can be converted to guest rooms to increase room count to 92
  • Santa Rosa known as is often referred to as the scuba capital of the Southwest attracting divers from all over the world

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Comfort Inn in Santa Rosa, New Mexico. The Comfort Inn Santa Rosa is offered for sale individually or in a portfolio with the Comfort Inn Albuquerque Downtown. This two-story interior corridor property has 90 rooms and sits on a spacious 3.06-acre parcel. The rooms and common areas have been renovated in 2023. The Comfort Inn Santa Rosa is optimally located along Route 66, less than two hours away from downtown Albuquerque. Santa Rosa is well known for its scuba diving that draws divers from all around the world, along with many local museums and parks. The Comfort Inn Santa Rosa represents a prime opportunity to capitalize on a turnkey hotel with strong in-place cashflow.

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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