Property Overview
Price/Rent PSF Inquire
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 13,593
Date Available 05/22/2019
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Description

Location
From Route 66 memorabilia to dinosaurs to larger-than-life size murals, Tucumcari offers something for everyone! Don't miss the Mesalands Community College Dinosaur Museum, a first-class museum housing the world's largest collection of spectacular full-scale bronze dinosaur skeletons cast at our local foundry. To know the history of Tucumcari and Route 66, stop by the Tucumcari Historical Museum with its story-telling like exhibits. NM Route 66 Museum located in the Convention Center with nostalgic memorabilia from the Mother Road, Route 66. Get your picture taken in front of the Route 66 Roadside Attraction at the Convention Center or the world's largest mural devoted to Route 66 in the United States.
Tour the town during the day to see the other wonderful murals located all over the city and at night to see those famous Route 66 Neon signs. Take a trip to nearby Ute Lake or Conchas Lake State Parks and go picnicking, hiking, boating, water skiing, scuba diving, swimming, sailing, wind surfing and fishing for bass, walleye, catfish, perch and crappie.
Travel along the numerous Scenic Byways to see the unique landscape and a variety of wildlife, including herds of antelope and deer, flocks of wild turkey, geese, and other rare birds. Browse through the rest of this section to find out more detail on all of these attractions. The property is located near Interstate 40, midway between Albuquerque, New Mexico and Lubbock, Texas.



Sale
NewGen Advisory is pleased to offer to qualified investors the opportunity to acquire the fee simple interest in the 59-Room Rodeway Inn and a 4 Bedroom 2 Bath home in Tucumcari, New Mexico. This limited service lodging property can be established as a market leader, currently it is under performing most of the area's competition, it can be a great opportunity for an experience owner/operator. This facility was designed to take advantage of the opportunity to serve a broad segment of the budget conscious traveler and the limited service market. Here is an opportunity to own a limited-service hotel, with a nationally recognized name, and with growth potential in New Mexico’s major vacation spots.
The motel has an excellent location, good curb appeal and is modern in design. The property is an exterior corridor facility, has an in-house laundry, spacious guest rooms and lobby where a complimentary coffee is served. The property is a proud member of Choice Hotels.
The Rodeway Inn is being offered unencumbered by its current management, thereby providing an excellent opportunity for an owner to fully control the property’s future operations and direction.



Population: approximately 5,300 in Tucumcari and 9,600 in Quay County
Elevation: 4,085 ft.
Location: On Historic Route 66, I-40, US 54, NM 104 and 209; 35.16 degrees north of the equator and 103.72 degrees west of the prime meridian.
Economy: Tucumcari is a Farming, Ranching, and Tourist community situated amid mesas and plains. It has 55,940 acres of irrigated cropland and 186,400 acres of non-irrigated cropland. There are 15.9 million acres of ranch land in Quay County
Climate: Dry, or mild climate with an average low of 38F/3C in January to an average high of 97F/26C in July.

Location