Commercial Property for Sale in Albuquerque New Mexico 87114

10020 Country Club Ln NW, Albuquerque New Mexico, 87114

Listing ID: CL-New Mexico-14247 Commercial Inn Lodging and Hospitality
Published on: Friday, February 21, 2025 | Updated on: Friday, February 21, 2025

Listing Summary

***MLS#1075747*** The El Verde Inn is a newly renovated, boutique hotel located in Albuquerque – near Rio Rancho.

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.

Quick Glance

  • Listing ID: CL-New Mexico-14247
  • Status: Active
  • Year Build: 1972
  • Building Size: 8,220 SqFt
  • Lot Size: 33,105.00 Acre

Additional Links

Property Documents

Complete Details

  • Year Build: 1972
  • Building Size: 8,220 SqFt
  • No of Stories: 2
  • Total Lot Area: 33,105.00 Acre
  • No of Parking: 24
  • No of Total Units: 1
  • Heating and Cooling: Not Specified
  • Building Class: Class C
  • Occupancy: 100

Pricing Details

Additional Features

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
Utilities
  • CableConnected,ElectricityConnected,PhoneConnected,SewerConnected,WaterConnected
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.

Listing Location

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