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Motel 6 Santa Fe, NM 3007 Cerrillos Rd 102 Room Hotel Santa Fe, NM 87507 $8,542,380 CAD ($83,749 CAD/Room)
Investment Highlights
- Located within a federally designated Opportunity Zone, offering significant capital gains tax deferral and elimination benefits for investors
- 104-key hotel positioned on Cerrillos Rd, Santa Fe's primary commercial corridor with consistent leisure and government-related travel demand
- Attractive basis relative to replacement cost for a Santa Fe hospitality asset of this scale
Executive Summary
104-key hotel located on Santa Fe's primary commercial corridor connecting downtown to I-25. Situated within a federally designated Opportunity Zone, offering significant tax advantages for qualified investors. General Commercial (C2) zoning permits a broad range of uses and future repositioning. 1.57-acre site with room for expansion or outparcel development. Limited new hotel supply in this submarket. Financials available to qualified buyers upon execution of a confidentiality agreement.
Property Facts
| Price | $8,542,380 CAD | Building Size | 27,420 SF |
| Price Per Room | $83,749 CAD | No. Rooms | 102 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1974/2015 |
| Property Subtype | Hotel | Parking Ratio | 0.98/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.05 AC | Opportunity Zone |
Yes
|
| Zoning | HC | ||
| Price | $8,542,380 CAD |
| Price Per Room | $83,749 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.05 AC |
| Building Size | 27,420 SF |
| No. Rooms | 102 |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2015 |
| Parking Ratio | 0.98/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | HC |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 102 | $142.37 CAD | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 011144832 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,418,650 CAD | Total Assessment | $1,418,650 CAD |
Property Taxes
Parcel Number
011144832
Land Assessment
$1,418,650 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,418,650 CAD
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Motel 6 Santa Fe, NM | 3007 Cerrillos Rd
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