Hotel-Motel
Ramada by Wyndham Albuquerque Airport
2300 Yale Blvd SE, Albuquerque, NM 87106
Listing Price: $5,700,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for the sale the Ramada by Wyndham Albuquerque, New Mexico. This property is a 3-story, interior corridor hotel with 110 rooms, conveniently located just six minutes from Albuquerque International Airport, with easy access to Old Town Albuquerque, Nob Hill, and the University of New Mexico stadium and facilities. The Ramada Albuquerque Airport underwent recent renovations in 2023 and 2024 with over $800k in CapEX.
Experience a range of hotel amenities that seamlessly balance work and play, including a fitness center, on-site laundry and an on-site business center, and free hotel transportation. Jumpstart the day, with complimentary, breakfast served daily and end your day lounging by the outdoor pool area.
Ramada by Wyndham Albuquerque Airport
Investment Highlights
- Fully Renovated in 2023 and 2024; over $800k in Capital Expenditures
- Absentee owned through use of management company, providing operational upside for owner user
- Four additional extended stay rooms yet to be added to reservation system
- 180 Hotel Rooms set to be delivered in the Airport Market by 2027. City initiative for over 300 new homes in Albuquerque, indicating increased demand for labor and workforce in the city
- $5B is scheduled to be invested into the Albuquerque Market by two of the largest employers, Intel and Netflix, in the next year. These expansions are expected to supply Albuquerque with over 3500 temporary and 2000 permanent jobs, not including additional industry investment required to support these expansions
- Close proximity to Albuquerque Sunport. Two minute drive from arrivals, seven minute drive to departures. Sunport received over 5.3M visitors last year and is planning to expand flights to Tennessee beginning April, 2025
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $5,700,000
Investment Highlights
- Fully Renovated in 2023 and 2024; over $800k in Capital Expenditures
- Absentee owned through use of management company, providing operational upside for owner user
- Four additional extended stay rooms yet to be added to reservation system
- 180 Hotel Rooms set to be delivered in the Airport Market by 2027. City initiative for over 300 new homes in Albuquerque, indicating increased demand for labor and workforce in the city
- $5B is scheduled to be invested into the Albuquerque Market by two of the largest employers, Intel and Netflix, in the next year. These expansions are expected to supply Albuquerque with over 3500 temporary and 2000 permanent jobs, not including additional industry investment required to support these expansions
- Close proximity to Albuquerque Sunport. Two minute drive from arrivals, seven minute drive to departures. Sunport received over 5.3M visitors last year and is planning to expand flights to Tennessee beginning April, 2025
Investment Overview
Marcus & Millichap has been chosen to exclusively market for the sale the Ramada by Wyndham Albuquerque, New Mexico. This property is a 3-story, interior corridor hotel with 110 rooms, conveniently located just six minutes from Albuquerque International Airport, with easy access to Old Town Albuquerque, Nob Hill, and the University of New Mexico stadium and facilities. The Ramada Albuquerque Airport underwent recent renovations in 2023 and 2024 with over $800k in CapEX. Experience a range of hotel amenities that seamlessly balance work and play, including a fitness center, on-site laundry and an on-site business center, and free hotel transportation. Jumpstart the day, with complimentary, breakfast served daily and end your day lounging by the outdoor pool area.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Financing By
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