for sale

Historic Route 66 Motel

1620 E Rte 66 Blvd | Tucumcari, NM 88401

Price:
$650,000
Number of Rooms:
25
Building Size:
9,343 SF
Year Built:
1963
Year Renovated:
2011
lot size:
2.0 AC

Investment Highlights

  • 25 unit, one-story, exterior corridor
  • Offered at $26,000/key
  • On-site living quarter – perfect for owner-operator
  • Coffee shop can be made operational again for added income
  • Great reputation – consistently receives strong guest reviews

Property Description

Jigar Desai and Anthony Becerra of NewGen Advisory are pleased to present for sale the Historic Route 66 Motel located in Tucumcari, New Mexico. This 25-room independent motel, combines a functional design with built-in operational advantages. The classic courtyard layout allows guests to park directly outside their rooms, creating ease of access and efficient turnover. The low room count and on-site living quarters make this a perfect opportunity for an owner-operator. A fully equipped coffee shop is included, offering clear potential for a new revenue stream whether self-run or leased out. Positioned along historic Route 66 with convenient access to I-40, the property is well-suited for streamlined operations and future growth. 

Location Description

Tucumcari, New Mexico, is a historic Route 66 destination, that attracts visitors from around the world. Positioned along Interstate 40, the city benefits from a steady flow of transient guests, including long-haul truckers, leisure travelers, and roadtrippers looking for a convenient overnight stay. Independent motels in Tucumcari hold strong recognition among Route 66 tourists.

Travelers drawn to the town’s historic charm actively seek out locally owned properties that preserve the vintage roadside experience. These motels often outperform chain hotels in capturing this niche segment, benefiting from word-of-mouth, travel blogs, and social media exposure. Tucumcari’s lodging market is projected to stable, with little new development. This creates a favorable environment for well-positioned hotels that cater to both traditional overnight guests and those drawn by the town’s Route 66 heritage.

Share to Social

Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum. 

Jigar “Jay” Desai
Senior Vice President
AZ #SA675144000
(520) 664-4091
jigar.desai@newgenadv.com

Anthony Becerra
Associate
NM #52203
(575) 993-8536
anthony.becerra@newgenadv.com

BROKER OF RECORD

Dinesh “Dan” Rama

NewGen NM, LLC

NM #20316

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