$1,600 / month
2-Bedroom House for Rent in Albuquerque, NM | 720 Woodland Ave NW
Albuquerque, New Mexico
Soft OfferCommercial Property for Sale in Albuquerque New Mexico 87114
10020 Country Club Ln NW, Albuquerque, New Mexico 87114
$3,250,000
$395 / sq ft Listed Feb 21, 2025
8,220 sqft
Building
33,105 sqft
Lot
1972
Built
2
Stories
24
Parking
1
Units
About this property
Commercial Property for Sale in Albuquerque New Mexico 87114 is a lodging and hospitality for sale in Albuquerque, New Mexico, listed at $3,250,000. Key details: year built 1972, building size 8,220 sqft, lot size 33,105 sqft, stories 2. Listed by Coralee Quintana of Exp Realty on LoopingCloud and last updated February 21, 2025.
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.
Key highlights
- Occupied
- Heating WallFurnace
- Accessibility WheelchairAccess
- Tax Annual Amount 6455.48
- Year Built/Renovated 1972/2023
- Property is selling out every weekend.
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1972
- Building Size
- 8,220 sqft
- Lot Size
- 33,105 sqft
- Stories
- 2
- Parking Spaces
- 24
- Total Units
- 1
- Building Class
- Class C
- Occupied
- Yes
- Occupancy
- 100%
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$395
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $3,250,000 | - | - | - | - |
Features and amenities
Property 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
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.
Utilities
- CableConnected,ElectricityConnected,PhoneConnected,SewerConnected,WaterConnected
Location
Address as shown by the lister.
Get directionsAbout this area - Albuquerque
- Population
- 31,842
- Housing units
- 13,133
- Land area
- 18.8 sq mi
- County
- Bernalillo
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadFrequently asked questions
What is the asking price of Commercial Property for Sale in Albuquerque New Mexico 87114?
Commercial Property for Sale in Albuquerque New Mexico 87114 is listed at $3,250,000. That works out to about $395 per square foot.
Where is Commercial Property for Sale in Albuquerque New Mexico 87114 located?
The property is in 10020 Country Club Ln NW, Albuquerque, New Mexico 87114, Bernalillo County.
What type of property is this?
This is a lodging and hospitality for sale in the commercial category.
How big is the property?
The building is 8,220 sqft. The lot is 33,105 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Coralee Quintana of Exp Realty listed this property. Use the Request Info button to send a message or call (505) 639-1266.
When was this listing published?
It was published on February 21, 2025 and last updated on February 21, 2025.
Listing information
- Listing ID
- CL-New Mexico-14247
- Published
- Feb 21, 2025
- Last updated
- Feb 21, 2025
- Views
- 470
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