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5101 Ellison St NE
Albuquerque, NM 87109 Balloon Fiesta Park

$6,750,000 USD

Hotel For Sale  •  26,700 SF

Property Details

  • Property Type Hotel
  • Total Building Size 26,700 SF
  • Lot Size 2.39 AC
  • Building Class C
  • Year Built 1987
  • Zoning NR-LM
30 Transit Score
50 Walk Score

Highlights

Attractive Owner-Operator Opportunity: Opportunity for an owner-operator to enhance profitability through hands-on management and expense streamlining
Strategic Location: Located just off I-25 with strong visibility and access, supporting demand from corporate, leisure, and drive-to travelers
Competitive Price Per Key: Priced at an attractive basis relative to replacement cost and comps, at approximately $60,268 per key
Recently Renovated: Significant capital invested in guest rooms, FF&E, and common areas, helping limit near-term capital needs
Consistent Revenue Performace - Priced at 3.61X TTM Room Revenue (March 2026) - an attractive multiple backed by a track record of stable revenue
Strong Momentum: YTD Room Revenue through June 2026 is up 13.6% compared to the same period last year

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.6 mi
8 min - 4.1 mi
AirportDriveWalkDistance
Albuquerque International Sunport 28 min - 11.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 131
Type: Surface
Included in Rent: Yes
Alex Nielsen 801-704-1660 Newmark Mountain West
Alex Nielsen 801-704-1660 Newmark Mountain West