Hampton Inn by Hilton Albuquerque, NM
2300 Carlisle Blvd. NE Albuquerque, NM 87110
PROPERTY DETAILS
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Fee-simple interest in the 126-room Hampton Inn by Hilton, located in Albuquerque - New Mexico’s largest MSA
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Offered unencumbered by management, with a Hilton franchise relicense available post-closing
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Modernized asset with a significant PIP completed in 2018
- Superior physical construction with concrete and steel elements, supporting lower maintenance costs and enhanced soundproofing
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Consistent in-place cash flow supported by strong market fundamentals and brand performance
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Well-positioned within Albuquerque’s “Midtown Innovation District,” a redevelopment corridor with institutional, medical, and educational anchors
INVESTMENT HIGHLIGHTS
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Robust performance: 91.9% occupancy, $107+ ADR, and $98.57 TTM RevPAR
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Market leader: 136% RevPAR Index and 149% Occupancy Index vs. competitive set
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Strategic freeway exposure: Located at the intersection of I-40 and <1 mile from I-25, providing efficient citywide and regional connectivity
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Readily financeable core-branded Hilton asset with strong in-place cash flow
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Operational upside: Potential for increased margin via targeted cost optimization and management efficiencies
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Attractive acquisition basis: Priced below replacement cost in a stable, high-barrier-to-entry submarket
STRONG AND DIVERSE DEMAND GENERATORS
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Less than 1 mile from the University of New Mexico (25,000+ students), UNM Hospital (7,000+ employees), and UNM Health Sciences Center
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Minutes from Presbyterian Hospital and Lovelace Medical Center, two of the largest private health systems in New Mexico
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Easy access to Kirtland Air Force Base and Sandia National Labs, collectively employing over 23,000 personnel
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Near top cultural destinations including Old Town, Nob Hill, and Balloon Fiesta Park (840K+ annual attendees)
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Close proximity to the Albuquerque Convention Center and less than 10 minutes to ABQ International Sunport (5.5M passengers in 2024 and growing)