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Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
[email protected] [email protected]
6565 Americas Pkwy NE Suite 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 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 1259 NW Frontage Road, Socorro, NM 87801
Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
[email protected] [email protected]
Comfort Inn SocorroPrice: $4,390,000Rooms: 66Price per Door: $66,515Square Feet: 44,000 SFPrice per SF: $102.84Built: 2006Cap Rate: 10%
Property
Summary
Amenities:
100% Smoke Free HotelBraille Elevator(s)Bus ParkingBusiness CenterExercise RoomFree Hot BreakfastFree WiFiTruck Parking
Government Travelers: FEMA ApprovedIndoor Heated PoolIndoor Whirlpool/Hot TubInterior CorridorsMeeting Room*No Pets AllowedOutdoor Parking
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
Mini Pod 2017:
Income: $1,249,867Expenses: $810,850NOI: $439,015Cap Rate: 10%
3 Year Summary 2015 2016 2017
Gross Income $1,249,865 $1,288,890 $1,249,867
Expenses $981,271 $909,515 $810,850
NOI $268,595 $379,375 $421,015
ADR $82.80 $86.11 $88.16
3.05 Acre SITE
Site SummaryeXp Realty LLC is proud
to offer this well located
Comfort Inn, Choice
Hotel development at
the primary entrance to
Socorro with I-25 freeway
visibility for traveler’s
going both north and
south.
The town of Socorro is
most know for it’s
premier University, the
New Mexico Institute of
Mining and Technology
with an undergraduate
enrollment of over 1500
students. It is listed
among the 2019 edition
of Best Colleges and
Regional Universities in
the West. The area offers
apartments, restaurants,
tap room, motels and
much more! Surrounded
by the New Mexico Tech
Golf Course, local dining
and shopping, this is a
wonderful place to do
business. Area tenants
include Shell, Sonic, 7-11,
McDonald’s, Chevron, K-
Bob’s Steakhouse,
Holiday Inn Express Super
8 by Wyndham, Socorro
Springs restaurant,
Burger King, John
Brooks, Walmart,
Nusenda, and Verizon.
Presented By: Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
[email protected] [email protected]
Additional 2.5 Acres Available
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.
Survey and Site Plan
Site is on Parcel B +3.0 Acres
Presented By:
Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
[email protected] [email protected]
California Street Socorro
SITE
Trade Area Highlights:-Home to NM Institute of Mining & Technology.
-Modern airport with a 5,800-foot runway.
-High Speed Fiber at NM Tech.
-Burlington Northern Santa Fe rail spur.
-Geographic center of New Mexico.
-Crossroads of I-25 and US Hwy 60.
-National Radio Astronomy Observatory
-SpacePort an hour south.
-NASCAR test track facilities an hour south.
-Very Large Array 54 minutes west.
-Sevilleta National Wildlife Refuge 20 minutes north.
-Citywide free WiFi.
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.
Demographics & Weather
Proximity 1 Mile 3 Miles 5 Miles
Total Population 1,029 3,530 7,770
Households 507 1,449 3,141
Average Household
Income
$41,812 $45,909 $44,134
1 Mile
3 Miles
5 MilesThe Socorro area's population totals 8,751 residents.Elevation: 4605 feetLand area: 14.4 square miles.Population density: 607 people per square mile.
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.
Presented By: Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
[email protected] [email protected]
Additional Photos
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
Socorro, NM
OverviewSocorro (literally to give aid, to give succor) was indeed a source of help to thefirst expedition of Spanish families traveling north from Mexico in 1598, led by DonJuan de Oñate y Salazar. Oñate’s expedition began a century of trade along theEl Camino Real (the Royal Road). From its early days of caravans bringingmissionaries and supplies, the road over its 223-year history connected the NewMexico Territory to Mexico and Spain.San Miguel Mission, in the City of Socorro, was one of four missions built amongthe Piro Pueblos during the 1600s. Spanish families surrounded the mission, farmingand ranching on land given them in Spanish land grants. In 1854, Fort Craig wasbuilt at the north end of Jornada del Muerto, to guard against Apache andNavajo raids and to protect El Camino Real. Today, the Fort is open from dawn todusk, seven days a week.The arrival of the railroad in the 1880s brought miners, merchants, and cattlemento Socorro County. In 1889, the area’s first university opened: the New MexicoSchool of Mines, now known as New Mexico Tech. NM Tech has garnered aninternational reputation in the sciences and is consistently rated as a top collegenationally. The Tech campus is also home to the National Radio AstronomyObservatory’s Very Large Array and VLBA, and several associated entities.The beginning of World War II saw an increase in activity in Socorro County’ssoutheast quarter. The workers wouldn’t say what they were doing but did tellresidents to watch for something big on the morning of July 16, 1945. ManySocorroans remember the light of the first atomic blast at White Sands MissileRange. Trinity Site is now a monument, open to the public once a year.Socorro residents maintain an independent attitude, reminiscent of its “Wild West”past. By Gwen RoathFestival of the Cranes, Photo by Don Boyd
Presented By:
Coralee Quintana Prabhat Singh
505.639.1266 505.363.4807
