1440 W Maloney Ave, Gallup, NM 87301

Commercial property for lease

  • Description
  • Marcus & Millichap is pleased to exclusively offer for sale the Comfort Inn in Gallup, New Mexico, for the price of $4.75M at $77,869 per room. The Comfort Inn is located directly off Interstate 40 and US 491. With a healthy adjusted NOI of $494,668, the property is an ideal high-yield opportunity for a new investor.The Comfort Inn is being offered with little-to-no PIP requirement estimated for new owner. Currently, the property is being run by an absentee ownership group, giving the new investor large upside through implementing a more hands-on management approach.The Comfort Inn in Gallup New Mexico offers several guest and common area amenities. Each room is equipped with at microwave, refrigerator, premium bedding, work desk, and a flat screen television. The common areas feature a restaurant, business center, fitness center, indoor heated pool, bus/car parking, and a 625-square foot meeting room. Building price details: $4,750,000.
  • Contact info
  • Matthew Reeves
    Marcus & Millichap
  • Note
  • Details Info about this row that located on 1440 W Maloney Ave, Gallup, NM 87301 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Property Type: Commercial (Other)
    Status: Available
    Lot Size: 1.400 Acres
    Submarket: Hotel
    MSA: Gallup
    Buildings: 1
    Terms: Cash to Seller
    Added: 03/01/2018

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