Published on: Friday, February 21, 2025
Updated on: Friday, February 21, 2025
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About the Lister
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Name: Coralee Quintana
Company: Exp Realty
Office Phone: 505-639-1266 60
Cell Phone: 505-639-1266
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  El Verde Inn
10020 Country Club Ln NW Albuquerque New Mexico , 87114
10020 Country Club Ln NW Albuquerque New Mexico , 87114  Exp Realty
Listing ID: CL-New Mexico-14247

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-New Mexico-14247
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 1972
Building Size: 8,220.00 SqFt
Lot Size: 33,105.00 SqFt.
No of Stories: 2
No of Parking: 24
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
Listing Summary
***MLS#1075747*** The El Verde Inn is a newly renovated, boutique hotel located in Albuquerque – near Rio Rancho.
Complete Details
Year Build: 1972
Building Size: 8,220 SqFt.
No of Stories: 2
Total Lot Area: 33105 SqFt.
No of Parking: 24
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: C
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 100%
Full Description

The El Verde Inn is a newly renovated, boutique hotel located in Albuquerque – near Rio Rancho. It includes amenities such as complimentary on-site parking, a kiva fireplace in the lobby, local art on display (not owned by El Verde), an outdoor courtyard, fire pits, direct access to the Paradise Hills Golf Course, meeting and event space, and wedding facilities. There are 16 rooms available, all with queen or king size beds, some being pet-friendly and/or ADA-compliant. In addition, there is space for approximately 4-5 more rooms in an unfinished area upstairs.

Additional Properties
Property Highlights
  • Ideal location adjacent to the golf course, with little competition. Next closest motel is a 3 mile drive away.
  • Overhead is good with labor being less than 20% of budget.
  • April-August room revenue was $249,000. Large upside with event revenue.
  • Property is selling out every weekend.
  • 50% of bookings made directly through recently designed website.
  • 1 ADA-compliant room, and 2 designated pet-friendly rooms.
Property Utilities
  • CableConnected,ElectricityConnected,PhoneConnected,SewerConnected,WaterConnected
Features
  • Heating: WallFurnace
  • Accessibility: WheelchairAccess
  • Directions: Take I-25 N to exit 232 to merge onto NM-423 W/Paseo Del Norte Blvd NE toward Paseo del Norte. Turn right onto Eagle Ranch Rd NW. Use the left 2 lanes to turn left onto Paradise Blvd NW. Turn right o
  • Tax Annual Amount: 6455.48
  • Year Built/Renovated: 1972/2023
  • Zoning: NR-C - Non Residential - Commercial
Listing Location
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