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Albuquerque New Mexico - Las Cruces  New Mexico - Austin Texas - Dallas Texas
   
 

Best Western Airport InnSuites Hotel for Sale
Albuquerque, New Mexico
Just Reduced

Property Description

The Best Western Airport InnSuites is located at 2400 Yale Boulevard SE, in Albuquerque, New Mexico. 

Its location, at the entrance to the Albuquerque International Sunport  Airport, makes this the ideal hotel and excellent choice for business travelers and/or leisure guests.

Hotel ExteriorEnlarge Image

The hotel was built in 1980 and 1984, the 102-unit hotel sits on approximately 2.99 +/- acres of leased land. The current ground lease expires September 2033.

The property was renovated in 2007 to Best Western standard.

Access to the hotel is convenient from I-25, I-40 and from the Airport.

The hotel property has an outdoor heated pool/spa with patio area/sundeck, meeting facility and library.

PJ’s Café is located in the hotel lobby and provides a complimentary hot breakfast buffet for all guests.

Located adjacent to the hotel is a Village Inn which leases from the hotel.

Hotel for sale breakfast areaEnlarge Image

The property has a 24-hour front desk and a 24-hour complimentary airport shuttle.

The Sunport Meeting Room facility is 25’x 25’ and seats approximately 10-40 people.

Catering, audio visual equipment and high speed internet are all available for meetings.

All the hotel guest rooms have smoke detectors, electronic door locks, iron and ironing board, hairdryers, microwave/refrigerator, coffee maker, and room service.

Best Western Hot TubEnlarge Image

Strong lodging demand is present throughout the area at the crossroads of major Interstate 25 and Interstate 40 freeways.

Albuquerque’s largest employers include: Intel Corporation, Honeywell Defense and Space Electronic Systems, Eclipse Aviation, Ethicon EndoSurgery and many more!

This creates a good corporate, government and leisure market for the hotel business.

Financial Summary
Price Reduced $6,750,000  $6,450,000  
Number of Units 102  
     
12 Months Ending 9/2007 12/2006
Room Revenue $1,799,143 $1,648,513
Occupancy 77.6% 72.1%
Average Daily Rate $66.84 $61.99
Net Operating Income $603,603 $499,656
 
 
Location Map
 
 
Confidentiality Notice
The Owner is very sensitive to the disruption of the Property.
PLEASE DO NOT contact the property or its employees without prior arrangements with Scoggin Blue LLC.
 
 
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