1981 Old US 66

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1981 Old US 66

Edgewood, NM 87015
Asking Price
$2.60M
Cap Rate
8%
Asset Type
Hospitality
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Established hospitality asset for sale at 1981 Old US 66
  • Current asking price for this Edgewood investment is $2,600,000
  • Property features high visibility with direct frontage to Highway 40
  • Investment opportunity currently carries an 8% capitalization rate
  • Well-positioned site provides convenient access for transient highway travelers

What's Special

Hospitality investors can capitalize on this established RV park located at 1981 Old US 66 in Edgewood, New Mexico. The asset occupies a strategic position with direct sightlines and immediate access to Highway 40, facilitating consistent visibility and traffic flow from transcontinental travelers and regional visitors alike. This corridor serves as a primary transit artery, positioning the site well for long-term hold or management as a functional hospitality asset in a growing suburban market within the Albuquerque metropolitan area. Positioned to benefit from the steady demand for highway-adjacent lodging, the property offers a scalable operational foundation. The site layout supports efficient park management while leveraging its proximity to major infrastructure to attract guests. This investment represents a straightforward entry into the hospitality sector, providing a predictable revenue stream supported by the existing commercial infrastructure of the region.

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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,863.381
Annual Cash Flow
$-74,360.577

Location & Travel Times