Motel 6


Price:
$2,750,000

[Currently Under Contract]

Address :
1600 Bloomfield Blvd
Farmington, NM 87401


  •  Tour Dates: May 3rd and 4th. Call for appointment.
  •  Stable Revenue History
  •  Only 1 Hour from Ski Resort
  •  Ideal Situation for Owner/Operator
  •  2-Bedroom Manager’s Apartment On Site
  •  Sixth Largest Town in New Mexico with Dynamic Economic Base
  •  Dynamic Demand Generators Fuel Market
  •  Property is expected to retain Motel 6 Flag upon completion of the PIP.
    View Map    View Aerial
  •  The City of Farmington (population 45,877) is the commercial center of the Four Corners region.
  •  Located at the junction of three highways – US Highways 64 and 550, and NM Highway 371
  •  Convenient to the Educational, Commercial and Leisure Attractions in Farmington:
    •  Animas Valley Mall
    •  San Juan Regional Medical Center
    •  San Juan College
    •  Piñon Hills Golf Course
    •  Home to the Connie Mack World Series, an amateur baseball tournament
    •  Only a short drive to Northern Edge Casino or SunRay Park and Casino
    •  McGee Park, Home to the San Juan County Fair
    •  Cumbres & Toltec Scenic Railroad
    •  Aztec Ruins National Monument, Mesa Verde National Park, Salmon Ruins Museum, and Chaco Culture National Historic Park
  •  134 Rooms
  •  Guest Laundry
  •  Seasonal Outdoor Pool
  •  2-Bedroom Manager’s Apartment
  •  4 Buildings, 2 Stories, Exterior Corridor
  •  Wood Frame
  •  Stucco Exterior
  •  Flat, Built-Up Roof (Main Building has new TPO roof.)
  •  Asphalt Parking Lot (Newly Restriped)
  •  Built 1979
Financials
20105
2016
2017
T-12Mos 5/18
Occupancy
61.45%
52.91%
55.29%
57.63%
Average Daily Rate
$40.29
$38.78
$37.87
$37.91
Room Revenue
$1,224,133
$1,003,505
$1,023,997
$1,071,424
Net Operating Income
$513,445
$288,886
$335,117
$369,888
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!