Red Roof Inn
$4,950,000
3304 West Historic Highway 66, Gallup, NM 87301
52,000 sqft
Building Size
2.53 acres
Lot Area
Details:
Highlights:
- 103 units, 2 story, exterior corridor
- Located on I-40 just 2 hours west of Albuquerque
- Area Growth / Events - 100 year anniversary of Route 66 in 2026
- 2024 room revenue: $1,486,456
- 2025 room revenue: $1,401,976
- Priced at 3.5x 2025 revenue
Description:
Andrew Post is pleased to present for sale the Red Roof Inn located in Gallup, New Mexico. This property is well located near Interstate 50 and is less than 3 miles from the Gallup Municipal Airport. This Red Roof is outperforming the competitive set and is a great cash flowing asset.
The economy of Gallup is built around tourism. Many visitors come to explore the natural beauty and experience the rich culture and traditions of the local Native American Tribes. Gallup is located near several outdoor recreation areas, including El Morro National Monument, the Chaco Culture National Historical Park, and the Zuni Mountain. These areas offer hiking, camping, fishing, and other outdoor activities for visitors to enjoy. Gallup is the hub for commerce and trade, which means there’s a constant stream of business travelers, requiring lodging during their stay.
Location
Gallery
