1901 University Blvd NE

Hospitality

1901 University Blvd NE, AlbuquerqueNM 87102

Property Details

Location

Address
1901 University Blvd NE, AlbuquerqueNM 87102
County
Bernalillo
Submarket
North I-25
Parcels
101505941621140705
In Opportunity Zone
Yes

Building Size

Building Size

Building Details

Type
 Hospitality
Number of Buildings
Number of Units
450
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
Year Built
Sprinklers
Total Parking
600
Parking Ratio

Land & Utilities

Land (Acres)
12 Acres
Land (SF)
522,720 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
Lot Depth
1,000 ft
Lot Width
740 ft

Contacts

Current Listings

Dual Hotel Property For Sale

12 Acres
CBRE

CBRE, Inc is pleased to present this opportunity to acquire a 450 room, 12+/- acre property housing two hotels with full amenities. The property is ideally located, with unmatched visibility, at the intersection of Interstate 25 and Interstate 40, in Albuquerque, NM. The property is located 6 miles from the Albuquerque International Airport, 2 miles from Downtown and 1 mile from the University of New Mexico. This property IS located within a Qualified Opportunity Zone.

Opportunity Overview:

- 450 occupancy-ready rooms in two facilities

- 261 guest rooms in the Crown Plaza

- 189 guest rooms in the Fairfield Inn

- 26,000+/- SF of meeting and event space

- Multiple food and beverage facilities on-site

- 12+/- acre site provides additional land for future development

- Indoor and outdoor recreation and exercise facilities

- Both hotels can be delivered unencumbered by existing franchises

CBRE

CBRE, Inc is pleased to present this opportunity to acquire a 450 room, 12+/- acre property housing two hotels with full amenities. The property is ideally located, with unmatched visibility, at the intersection of Interstate 25 and Interstate 40, in Albuquerque, NM. The property is located 6 miles from the Albuquerque International Airport, 2 miles from Downtown and 1 mile from the University of New Mexico. This property IS located within a Qualified Opportunity Zone.

Opportunity Overview:

- 450 occupancy-ready rooms in two facilities

- 261 guest rooms in the Crown Plaza

- 189 guest rooms in the Fairfield Inn

- 26,000+/- SF of meeting and event space

- Multiple food and beverage facilities on-site

- 12+/- acre site provides additional land for future development

- Indoor and outdoor recreation and exercise facilities

- Both hotels can be delivered unencumbered by existing franchises

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: CARNM

More Information

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