Comfort Inn - images4.loopnet.com...The Ceremonial features five days of Native American dancing,...
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6565 Americas Pkwy NE Suite 200, Albuquerque, NM 87110 The information contained herein is believed to be reliable but not guaranteed. It is the responsibility of any prospective purchaser to independently confirm its accuracy and verify the subject offering as suitable for the intended use. Neither eXp Realty LLC, it’s agents or brokers, assume responsibility for typographical errors, misprints or misinformation. Comfort Inn 1440 West Maloney Avenue, Gallup, NM 87301 Presented By: Coralee Quintana Prabhat Singh 505.639.1266 505.363.4807 [email protected] Prabhat. Singh @eXprealty.com
Transcript of Comfort Inn - images4.loopnet.com...The Ceremonial features five days of Native American dancing,...
6565 Americas Pkwy NE Suite 200, Albuquerque, NM 87110
The information contained herein is believed to be reliable but not guaranteed. It is the responsibility of any prospective purchaser to independently confirm itsaccuracy and verify the subject offering as suitable for the intended use. Neither eXp Realty LLC, it’s agents or brokers, assume responsibility for typographicalerrors, misprints or misinformation.
Comfort Inn 1440 West Maloney Avenue, Gallup, NM 87301
Presented By:Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
Comfort Inn GallupPrice: $4,200,000Rooms: 61Price per Door: $68,852Square Feet: 69,696 SFLand Lease Term: 25 YearsPrice per SF: $60.26Built: 1999Cap Rate: 12.1%
Property
Summary
Amenities:100% Smoke Free HotelBraille Elevator(s)Bus ParkingBusiness CenterFitness CenterFirst Aid Staff/24 hr.Free Hot BreakfastFree WiFiRestaurant*
Government Travelers: FEMA ApprovedIndoor Heated PoolIndoor Whirlpool/Hot TubInterior CorridorsLaundryMeeting Room*No Pets AllowedOutdoor & Truck ParkingValet Cleaning Service*
Presented By:Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
[email protected] [email protected]
6565 Americas Pkwy NE Ste 200 Albuquerque, NM 87110
The information contained herein is believed to be reliable but
not guaranteed. It is the responsibility of any prospective
purchaser to independently confirm its accuracy and verify
the subject offering as suitable for the intended use. Neither
eXp Realty LLC, it’s agents or brokers, assume responsibility for
typographical errors, misprints or misinformation.
Summary 2015 2016 2017 2018 YTD
Gross Income $1,611,052 $1,524,287 $1,385,988 $1,187,085
Expenses $1,005,084 $978,613 $1,011,299
NOI $605,968 $545,674 $374,689
Occupancy 77.1% 81.7% 78.8% 82.3%
Comp Set* + 1.5% + 9.5% + 3.4% + 3.1%
ADR** $82.02 $83.02 $78.46 $77.24
Presented By:Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
[email protected] [email protected]
6565 Americas Pkwy NE Ste 200 Albuquerque, NM 87110
The information contained herein is believed to be reliable but
not guaranteed. It is the responsibility of any prospective
purchaser to independently confirm its accuracy and verify
the subject offering as suitable for the intended use. Neither
eXp Realty LLC, it’s agents or brokers, assume responsibility for
typographical errors, misprints or misinformation.
Financial Summary
Three Year Synopsis:
Income: $4,521,327Average: $1,507,109Avg. Expenses: $998,332Avg. NOI: $508,777Cap Rate: 12.1%
*Comfort Inn Gallup consistently out performs other Gallup hotels in a growing market.
*This property continuously out perfoms other properties in it’s comp set.**ADR’s will increase as Gallup market absorbs 600 new hotel rooms.
Site SummaryeXp Realty LLC isproud to offer thiswell locatedComfort Inn right atan I-40 freeway exitinGallup, New Mexico.Its convenientlocation is in a primeshopping area thatincludes a Walmart,Starbucks, HomeDepot, Dollar Tree,Autozone and JCPenny. The city ofGallup is known forits 110 trading postswhere authenticjewelry and otherarts and crafts aresold. Its locationalong the old Route66 is perfect for anyhistory buff looking tovisit famous historicalsites. With localdining, shopping andmany museums,Gallup is a hub for I-40 travelers andanyone desiring arich culturalexperience.
Presented By:Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
[email protected] [email protected]
6565 Americas Pkwy NE Ste 200 Albuquerque, NM 87110
The information contained herein is believed to be reliable but
not guaranteed. It is the responsibility of any prospective
purchaser to independently confirm its accuracy and verify
the subject offering as suitable for the intended use. Neither
eXp Realty LLC, it’s agents or brokers, assume responsibility for
typographical errors, misprints or misinformation.
SITE
Area Highlights:-Home to the Gallup Cultural Center Museum.
-An abundance of trading posts and galleries.
-Chaco Culture National Historic Park.
-The Navajo Code Talkers Museum.
-Red Rock Park.
-Zuni Pueblo.
-El Morro Theater
-Octavia Felin Public Library.
Trade Area
Presented By:Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
[email protected] [email protected]
6565 Americas Pkwy NE Ste 200 Albuquerque, NM 87110
The information contained herein is believed to be reliable but
not guaranteed. It is the responsibility of any prospective
purchaser to independently confirm its accuracy and verify
the subject offering as suitable for the intended use. Neither
eXp Realty LLC, it’s agents or brokers, assume responsibility for
typographical errors, misprints or misinformation.
6565 Americas Pkwy NE Ste 200 Albuquerque, NM 87110
The information contained herein is believed to be reliable but
not guaranteed. It is the responsibility of any prospective
purchaser to independently confirm its accuracy and verify
the subject offering as suitable for the intended use. Neither
eXp Realty LLC, it’s agents or brokers, assume responsibility for
typographical errors, misprints or misinformation.
Demographics & Weather
Proximity 1 Mile 3 Miles 5 Miles
Total Population 1,474 14,703 22,276
Households 453 5,352 7,762
Average Household
Income
$32,655 $47,978 $51,347
1 Mile
3 Miles
5 Miles
Gallup is within 500-750 miles of Dallas, LA, Salt Lake, OklahomaCity, and VegasPopulation totals: 21,960 residents.Elevation: 6,467 feetLand area: 13.4 square miles.Population density: 1,513 people per square mile.
Presented By:Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
6565 Americas Pkwy NE Ste 200 Albuquerque, NM 87110
The information contained herein is believed to be reliable
but not guaranteed. It is the responsibility of any prospective
purchaser to independently confirm its accuracy and verify
the subject offering as suitable for the intended use. Neither
eXp Realty LLC, it’s agents or brokers, assume responsibility
for typographical errors, misprints or misinformation.
Additional Photos
Presented By:Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
6565 Americas Pkwy NE Ste 200 Albuquerque, NM 87110
The information contained herein is believed to be reliable
but not guaranteed. It is the responsibility of any
prospective purchaser to independently confirm its
accuracy and verify the subject offering as suitable for the
intended use. Neither eXp Realty LLC, it’s agents or brokers,
assume responsibility for typographical errors, misprints or
misinformation.
Additional Photos
Presented By:Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
Location Summary
Gallup, NM
Overview
Culture and HistoryAmid the 200 million year-old cliffs at the city’s Red Rock Park and Museum, you’ll discover archeological sites that record the presence of the Anasazi culture, which inhabited the area from approximately 300-1200 CE. The Red Rock Museum has interpretive displays featuring the ancient past alongside more recent contributions from the Navajo, Zuni and Hopi tribes.The Gallup Cultural Center, located in the historic Santa Fe Railway depot, offers something for every interest: trains, weaving, sandpainting, Historic Route 66, silversmithing, and more come to life in the Storyteller Museum, with in-depth audio interviews with experts. The Rex Museum showcases modern-era Gallup, with exhibits depicting community life during its railroad and mining days. The Navajo Code Talker Museum at the Gallup-McKinley County Chamber of Commerce pays tribute to the valorous contributions of Native Americans to America’s victory in World War II.EventsGallup offers a full slate of thrilling events throughout the year. Spring and Summer are filled with a series of rodeo events, including the Wrangler Best of the Best Timed Event Invitational, Wild Thing championship bullriding, and the USTRC roping competition. Every August for nearly a century, Gallup has hosted the Inter-Tribal Indian Ceremonial. The Ceremonial features five days of Native American dancing, parades, elaborate costumes, authentic foods, arts, music, rodeo performances and more. In December the Red Rock Balloon Rally, one of the world’s largest balloon rallies, launches in Gallup with upwards of 200 balloons ascending into the blue skies above Red Rock Park.Route 66Route 66 buffs will want to check out historic sites such as the El Rancho Hotel. During Hollywood’s golden years of the 40’s and 50’s, stars such as John Wayne, Humphrey Bogart, Ronald Reagan, Katherine Hepburn, and Kirk Douglas frequented the hotel while filming in the majestic scenery of New Mexico, Arizona and Utah. Today’s visitors can partake in a meal or an overnight stay and tour the memorabilia-lined grand lobby.Active Sports and the OutdoorsGallup is a paradise for those seeking the ultimate in outdoor adventure. The dramatic red rocks offer a myriad of rock climbing opportunities, along with world-class hiking and biking trails. Motorsports enthusiasts can challenge their skills at the Gallup Motocross Park. Shooters are welcomed at our local range with rifle, pistol and trap/skeet facilities. Thousands of recreational acres in state and national forests are open for horseback riding, hunting and fishing.
http://gallupnm.gov/358/Visitor-Information
Presented By:Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
[email protected] [email protected]
6565 Americas Pkwy NE Ste 200 Albuquerque, NM 87110
The information contained herein is believed to be reliable but
not guaranteed. It is the responsibility of any prospective
purchaser to independently confirm its accuracy and verify
the subject offering as suitable for the intended use. Neither
eXp Realty LLC, it’s agents or brokers, assume responsibility for
typographical errors, misprints or misinformation.
