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Comfort Inn and Suites Albuquerque 5811 Signal Ave NE Albuquerque, NM 87113

Hotel
68 Rooms
58.70% Occupied
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Property Details (5811 Signal Ave NE, Albuquerque, NM 87113)
Asset Type Commercial
Starting Bid $800,000
Participation Deposit $10,000
Property Comfort Inn and Suites Albuquerque
Property Description 68-Room Comfort Inn & Suites Located in Albuquerque, NM
Primary Property Type Hotel
Year Built 1995
Number of Buildings 1
Number of Rooms 68
Occupancy 58.7%
Occupancy As of Date 12/31/2017
Event Item # B231-455
Property ID 1000006601
Transaction Fee 5% of Winning Bid Amount (A minimum of $20,000 will apply)
  • Description
  • Due Diligence
Description for 5811 Signal Ave NE, Albuquerque, NM 87113

Property tours are available on the following dates by appointment. Please contact the listing broker to schedule a tour.
• February 26 & 27
• March 5 & 6

Investment Highlights:
• Fee-simple interest in the institutionally owned and third-party managed 68-room Comfort Inn & Suites offered at a fraction of replacement cost
• Property offered for sale through Ten-X in the March 21st auction
• Available unencumbered of debt and third-party management with the ability to retain the Comfort Inn & Suites brand
• Seller has completed approximately $747k (~$11k per key) of total renovation in recent years
• Adjacent to Interstate 25 with upwards of 70,000 vehicles passing the intersection daily
• Optimal location just north of downtown Albuquerque, the largest city in New Mexico and home to the University of New Mexico (the single largest employer in the state of New Mexico
• Within walking distance of numerous full-service nationally recognized restaurants
• Proximate to all broader Albuquerque area demand including downtown Albuquerque, Albuquerque Convention Center, International Balloon Fiesta and Museum, and the University of New Mexico

Investment Overview:
Paramount Lodging Advisors (PLA) and Ten-X are pleased to exclusively present the opportunity to acquire the fee-simple interest in the Comfort Inn & Suites Albuquerque, New Mexico. Since 2014, the 68-room, three story hotel has undergone approximately $469,000 or $6.9k per key in capital improvements.

Located at 5811 Signal Ave NE in Albuquerque, the Comfort Inn & Suites is situated in the largest city in New Mexico and proximate to all regional demand including the International Balloon Fiesta, downtown Albuquerque, and the University of New Mexico, which has an enrollment upwards of 30,000 students.



Property Listed by: Krishan Kumar | spicyProperties | NM License # 18765 | 505-216-7788

Auctioneer Licensing Information

Ten-X Lee Leslie RE Brkr 16769 (800) 499-6199




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  • Omari Head
  • Paramount Lodging Advisors
  • 773-315-5704
  • ohead@paramountlodging.com
  • Contact
For auction related questions, contact:
  • Brittany Degrassi
  • Ten-X
  • 949-790-6441
  • bdegrassi@ten-x.com
  • Contact
For registration, website, or transaction related questions, please call a Ten-X representative at (888) 770-7332.
Need Help?
Mon - Fri 6:00am - 6:00pm PT
Start Chat   or call (888) 770-7332
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