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Hotel-Motel

Pan American Inn & Suites

7620 Pan American Fwy, Albuquerque, NM 87109

Listing Price: $5,800,000

Cap Rate
17.48%
Number of Rooms
168
RevPAR
$46
Gross SF
165,746
Price/Room
$34,524
RRM
2.05
Price/Gross SF
$34.99
Year Built
1986

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Pan American Inn & Suites off Interstate 25 in Albuquerque, NM. The 3.81 acre site boasts 168-rooms in 3 indoor-corridor buildings connecting with stairs and walkways. Amenities include seasonal outdoor pool, breakfast/restaurant area, guest laundry facilities and medium size banquet spaces.

The Pan American Inn & Suites is located in the Albuquerque Metropolitan Statistical Area (MSA). The Albuquerque metro stretches 5,951 square miles across the northern edges of the Chihuahan Desert and the Sandia and Manzano mountains in the Albuquerque basin. The property sits 3 miles from Cliffs Amusement Park and 9 miles from the New Mexico Museum of Natural History & Science. Most recently, the city announced the addition of Netflix expansion as well as the addition of aerospace firm Orion, creating 4,000 new jobs in the market.

Investment Highlights

  • Conveniently Located off of Interstate 25
  • 10 Miles from Albuquerque International Sunport
  • Minutes to ABQ Int'l Balloon Fiesta, Sandia Peak Tram & Indian Pueblo Cultural Center

Exclusively Listed By

Broker of Record

  • Matt Reeves

    Senior Associate

    (505) 445-6333

    License(s) NM: 19583

    New Mexico

Listing Price: $5,800,000

Cap Rate
17.48%
Number of Rooms
168
RevPAR
$46
Gross SF
165,746
Price/Room
$34,524
RRM
2.05
Price/Gross SF
$34.99
Year Built
1986

Investment Highlights

  • Conveniently Located off of Interstate 25
  • 10 Miles from Albuquerque International Sunport
  • Minutes to ABQ Int'l Balloon Fiesta, Sandia Peak Tram & Indian Pueblo Cultural Center

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Pan American Inn & Suites off Interstate 25 in Albuquerque, NM. The 3.81 acre site boasts 168-rooms in 3 indoor-corridor buildings connecting with stairs and walkways. Amenities include seasonal outdoor pool, breakfast/restaurant area, guest laundry facilities and medium size banquet spaces.

The Pan American Inn & Suites is located in the Albuquerque Metropolitan Statistical Area (MSA). The Albuquerque metro stretches 5,951 square miles across the northern edges of the Chihuahan Desert and the Sandia and Manzano mountains in the Albuquerque basin. The property sits 3 miles from Cliffs Amusement Park and 9 miles from the New Mexico Museum of Natural History & Science. Most recently, the city announced the addition of Netflix expansion as well as the addition of aerospace firm Orion, creating 4,000 new jobs in the market.

Exclusively Listed By

Broker of Record

  • Matt Reeves

    Senior Associate

    (505) 445-6333

    License(s): NM: 19583

    New Mexico

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