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Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular...

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Presented By: Coralee Quintana, MA, MBA 505.639.1266 [email protected] 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. Ramada 25 Hotel Circle, Albuquerque, NM 87123 Hospitality For Sale
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Page 1: Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular weather—with 310 days of sunshine—perfect for outdoor activities, including biking,

Presented By:

Coralee Quintana, MA, MBA505.639.1266

[email protected]

6565 Americas Pkwy NE Suite 200Albuquerque, NM 87110

The information contained herein is believed to be reliable but not guaranteed. It is theresponsibility of any prospective purchaser to independently confirm its accuracy andverify the subject offering as suitable for the intended use. Neither eXp Realty LLC, it’sagents or brokers, assume responsibility for typographical errors, misprints ormisinformation.

Ramada 25 Hotel Circle, Albuquerque, NM 87123Hospitality For Sale

Page 2: Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular weather—with 310 days of sunshine—perfect for outdoor activities, including biking,

Property Summary

Ramada

Price : $3,400,000

Rooms: 102

Sq Ft: 92,986

Price SF: $60.22

Land: 3.0338 Ac

Features:Interior Corridor PropertyFour BuildingsLovely Pool & Jacuzzi Established hospitality location Full Restaurant & Dining Room Banquet Facilities I-40 signage at Eubank Billboard Included

Presented By:

Coralee Quintana, MA, MBA505.639.1266

[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.

AMENITIES• ATM• Banquet Facilities• Bus/Truck Parking• Business Center• Check-in Kiosk• Coffee/Tea Maker

• Daily Housekeeping• Early Check-in Available• Express Check-in• Express Check-out• Fitness Center• Flat Screen Televisions• Free Breakfast

• Free WiFi• Hairdryer• Hot Tub Onsite• Late Check-out

Available• Laundry Facilities• Meeting Room

• Multilingual Staff• Non-Smoking Hotel• Onsite Parking• Pet Friendly• Pool - Outdoor

Page 3: Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular weather—with 310 days of sunshine—perfect for outdoor activities, including biking,

Property Summary

Ramada &

Amberly SuitesPrice : $5,600,000Rooms: 194Door Price:$28,866Land: 5.04 Acres

Presented By:

Coralee Quintana, MA, MBA505.639.1266

[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.

Amberly Features:• Property faces I-40

• Well Maintained

• Ample Parking

• Four 2 Room Suites

• Established hospitality location.

• I-40 signage at Eubank.

• 150,900 total vehicles per day

Page 4: Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular weather—with 310 days of sunshine—perfect for outdoor activities, including biking,

Site Summary

Quickly re-developingtrade area which includessix hotel properties and anew 148 unit apartmentre-development alongsideestablished retail big boxTarget, Best Buy, Conn’s,Mattress Firm, Office Max,Petco and new At HomeSuperstore. Huge growthtowards Central Avenueincluding Home Depot,Costco, Sam’s Club, Wal-mart, and Toyota in thisbillion dollar retail tradearea.

SITE

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Presented By:

Coralee Quintana, MA, MBA505.639.1266

[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.

Page 5: Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular weather—with 310 days of sunshine—perfect for outdoor activities, including biking,

TRADE AREA DEMOGRAPHICS

Radius 1 Mile 3 Mile 5 Mile

Population (2015 Estimate) 17,036 165,328 271,534

Avg HH Income (2015) $54,412 $59,595

Location Summary

SITE

Presented By:

Coralee Quintana, MA, MBA505.639.1266

[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.

Lomas Blvd. 25,000 VPD

Eub

ank

Blv

d.3

5,9

00

VP

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Page 6: Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular weather—with 310 days of sunshine—perfect for outdoor activities, including biking,

SITE

Presented By:

Coralee Quintana, MA, MBA505.639.1266

[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.

Lomas Blvd. 25,000 VPD

Eub

ank

Blv

d. 3

5,9

00

VP

D

Page 7: Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular weather—with 310 days of sunshine—perfect for outdoor activities, including biking,

Presented By:

Coralee Quintana, MA, MBA505.639.1266

[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.

Location Summary

Albuquerque, NM

OverviewVisiting Albuquerque allows you to experience the authentic Southwest. As one ofthe oldest cities in the United States, Albuquerque boasts a unique multiculturalhistory and heritage. Native American, Hispanic & Latino, Anglo and othercultural influences are a part of everyday life. You will always know you'resomeplace special, whether you're eating at one of our traditional NewMexican restaurants, shopping at one of the thousands of shops and galleriesaround town, enjoying our world-class visual and performing arts, or playing onthe best golf courses in the Southwest. Nowhere is the confluence of past andpresent more dramatic than here in Albuquerque, where the modern city skylineis set against a backdrop of the stunning Sandia Mountains and an endless,timeless blue sky.

When visiting Albuquerque, you’ll find its spectacular weather—with 310 days ofsunshine—perfect for outdoor activities, including biking, skiing and hiking. Ourincomparable weather and scenery also make Albuquerque the hot airballooning capital of the world. Balloons dot our clear blue skies throughout theyear, revealing a myriad of colors.

At night, Albuquerque is bathed in the glow of neon signs, relics of the city's rolealong historic Route 66. Locals and visitors enjoy kicking up their heels in ourbustling downtown entertainment district, taking in a show by one of ourinternational theater and dance companies, and visiting themany casinos surrounding the metropolitan area. (Courtesty of: www.visitalbuquerque.org)

Page 8: Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular weather—with 310 days of sunshine—perfect for outdoor activities, including biking,

Presented By:

Coralee Quintana, MA, MBA505.639.1266

[email protected]

6565 Americas Pkwy NE Ste 200 | Albuquerque, NM 87110The 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

IncomeEstimate

Rooms Rate *65% Occupancy

Ramada 102 $49 $1,185,775

Amberly 92 $29 $632,983

Total/Avg. 194 $39.51 $1,818,758

*2018 YTD Occupancy of 65% for Albuquerque provided by Rocky Mountain Lodging Report

2017 Expenses:Property Taxes $43,684Insurance $18,596Maintenance $32,336Utilities $165,676Labor $166,826Breakfast $24,466Laundry/Linens $11,231Room Supplies $13,939Total $476,754

Mini-PodExpected Income $1,818,758Expenses $476,754NOI* $1,342,004Proforma Cap 24%

Page 9: Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular weather—with 310 days of sunshine—perfect for outdoor activities, including biking,

Open restaurant lounge

seating space. Ample

kitchen includes

beverage service, food

prep, stove and grills,

dishwasher, back office,

walk-ins, storage and

two staff restrooms.

Facility has both staff

and customer banquet

hall access for catering

and large events. Patio

space on the Northwest

side of the building with

kitchen access.

Ramada Inn

Onsite Restaurant & Floorplan

Presented By:

Coralee Quintana, MA, MBA505.639.1266

[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.

Page 10: Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular weather—with 310 days of sunshine—perfect for outdoor activities, including biking,

Presented By:

Coralee Quintana, MA, MBA505.639.1266

[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.

Property Survey

Page 11: Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular weather—with 310 days of sunshine—perfect for outdoor activities, including biking,

Additional Photos

Presented By:

Coralee Quintana, MA, MBA505.639.1266

[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.

Page 12: Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular weather—with 310 days of sunshine—perfect for outdoor activities, including biking,

Presented By:

Coralee Quintana, MA, MBA505.639.1266

[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.

Page 13: Ramada - LoopNet...timeless blue sky. When visiting Albuquerque, you’llfind its spectacular weather—with 310 days of sunshine—perfect for outdoor activities, including biking,

Demographics

Presented By:

Coralee Quintana, MA, MBA505.639.1266

[email protected]

6565 Americas Pkwy NE Ste 200 | Albuquerque, NM 87110Office: 505.239.5310

The information contained herein is believed to be reliable but not guaranteed. It is the responsibility of any prospectivepurchaser to independently confirm its accuracy and verify the subject offering as suitable for the intended use. Neither eXpRealty LLC, it’s agents or brokers, assume responsibility for typographical errors, misprints or misinformation.

TRADE AREA DEMOGRAPHICS

Radius 1 Mile 3 Mile 5 Mile

Population (2015 Estimate) 17,036 165,328 271,534

Avg HH Income (2015) $54,128 $54,412 $59,595


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