El Verde Inn & Event Space

The El Verde Inn is a newly renovated, boutique hotel located in Albuquerque – near Rio Rancho. It includes amenities such as complimentary on-site parking, a kiva fireplace in the lobby, local art on display (not owned by El Verde), an outdoor courtyard, fire pits, direct access to the Paradise Hills Golf Course, meeting and event space, and wedding facilities. There are 16 rooms available, all with queen or king size beds, some being pet-friendly and/or ADA-compliant. In addition, there is space for approximately 4-5 more rooms in an unfinished area upstairs.

• Newly renovated.
• Ideal location adjacent to the golf course, with little competition. Next closest motel is a 3 mile drive away.
• Property is selling out every weekend.
• Overhead is good with labor being less than 20% of budget.
• 50% of bookings made directly through recently designed website.
• April-August room revenue was $249,000.
• Large upside with event revenue.
• 1 ADA-compliant room, and 2 designated pet-friendly rooms.