Property Listing No Longer Available for Sale

1465 Rio Rancho Dr SE, Rio Rancho, NM

Motel for Sale - 55,718 Sq. Ft. on 5.14 acres


Property Info

CIMLS#928356
Location
  1465 Rio Rancho Dr SE
  Rio Rancho NM 87124
UpdatedNovember 20th, 2017
TypeMotel
PriceUpon Request
Building55,718 Sq. Ft.
Land5.14 acres

Property Description

The Inn at Rio Rancho Hotel & Conference Center consists of 118 rooms, and 4,400 square feet of event and conference space in 5 meeting rooms. The offering includes the El Toro Restaurant Bar & Grill, which is attached and separated by door in Lobby, all FFE included. The property sits on 5 acres facing the busy Rio Rancho Blvd. (main arterial in Rio Rancho) and is very visible from the street. The layout of the property creates an enclosed outdoor recreational and event area that serves both meetings group and family events.

Location Description:

The Inn at Rio Rancho Conference & Event Center is located in the city of Rio Rancho, New Mexico. Rio Rancho is a suburb located just Northwest of the Albuquerque metro area. The hotel fronts off of Rio Rancho Drive (main arterial in city) and has excellent street exposure and traffic counts.

Highlights:

>> Meetings & Event Center Space.

>> El Toro Bar & Grill Conveys

>> 5.14 Acres For Redevelopment Opportunity- C-1 Retail Zoning.

>> Tremendous Upside in Management Turnaround.

>> Located in Rio Rancho, New Mexico Across From Intel Manufacturing.

>> Short Sale Opportunity.

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Financials

Sales Info:

>> Commision split: 2.5%