Building Details:
• Year Built: 1970
915 Route 66 is located in Gallup, NM.
Well Maintained, Continually Upgraded Motel on Famous Rt 66 Street in the middle of the business district of Gallup. Surrounded by retail businesses. Close to the airport and golf course. Near the largest Indian Reservation in the USA with over 190,000 population and on an area 27,000 square miles. Many of those residing or working on the reservation have reasons to travel to Gallup and their economic impact also benefits the Zia Motel, where many of those people stay over night regularly bedause of the service. Gross Revenues exceed $10,000 a month regularly. This is accomplished without any advertising or promotion. An Aggressive purchaser could increase this revenue. Owner will train buyer on how he operatest the facility and maintains good contact with his regular tenants. As it is this is a bargain purchase. 26 rooms, large living quarters for owners, 3 storage rooms, full laundry room with 4 machines. Many of the rooms are 2 bedrooms with a dining area that is already make ready for installation of a full kitchen.
Full Financials available to interested buyer.
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