| < |
| |
Hotel for Sale in Santa Fe New Mexico
SOLD
|
Property Description
The Hampton Inn located at 3625 Cerrillos Road in Santa Fe, New Mexico (US Highway 85), is the primary location of most hospitality properties other than the downtown corridor.
Average traffic on Cerrillos Road is heavy as reflected by the NM State Highway Department traffic counts. |
|
| |
The property opened in 1995-1996. It sits on fee simple land (owned) and has an indoor heated pool with hot tub and fitness center.
The property has interior corridors and an elevator is currently being installed and should be completed by June 2006. |
Access and visibility off of Cerrillos Road is excellent.
It is a two-story property with a flat, tar and gravel roof and frame with stucco veneer construction.
All guest rooms have individual HVAC through-the-wall units located below the windows, electronic door locks, two telephones, high speed internet (wired and wireless), hardwired smoke alarms and all guest rooms are sprinklered. |
|
| |
There is a total of 81 guest rooms with 55-units having two-queen beds and 26-units having one-king bed. |
| Barriers to entry are substantial in Santa Fe. Entitlements are extremely hard to obtain and takes years to realize. Consequently room rates in Santa Fe are easily the highest in the state with occupancies averaging 62.7% in 2005 and 63.1% in 2004. |
|
| |
Santa Fe (meaning the Holy Faith) is an ancient city nestled at an elevation of 7,000 ft in the foothills of the Sangre de Cristo Mountains.
The culture of the Pueblo people of New Mexico predated the European settlement of Santa Fe by 12,000 years.
To artists, it is additionally the indescribable beauty of the physical surrounding that draws and keeps them in love with this colorful city. |
Several area attractions are within approximately 10 miles of Santa Fe:
- Art Galleries
- Indian Market
- Santa Fe Opera
- State Capitol
- Santa Fe Ski Are
- Outlet Stores
- Camel Rock Casino
- Many others
|
|
|
|
|
|
|
|
