• Established Vacation Rental Compound in Historic Old Town - 1700 Old Town Rd NW, Albuquerque, NM 87104

For Sale

Office

For Sale

This property is available for sale
0.08
Acres
$1,075,000
Sale Price
  • Overview

    No where in Albuquerque, NM can a person find such a unique opportunity that consists of four totally restored 19th Century Adobe homes within a gated compound on .36 acres. Within walking distance to Old Town, the four homes have created the mainstay for an established VRBO/Airbnb business that carries Super Host status providing extraordinary experiences for their guests. The passionate husband-and-wife ownership team is now ready to retire and turn the on-going business and property over to a new owner.
    With such great pride of ownership and passion, the four individual adobe casitas were completely refurbished and modernized to include their own gas and electric meters, air conditioning systems, instant hot water tanks, wi-fi, stackable washer and dryers, and outdoor sprinkler systems for the landscaping. In some cases, adobe walls had to be replaced and roofs were re-built while keeping the tin and character from the original roofs.
    Each home was named after whom lived there. There is Casa de Abuelita (Granny’s House), Casa de Padre, Silversmith’s House, and Casa Grande. Enjoy a cup of coffee and visit on the private patio of each of the casitas or enjoy a nap in the hammock underneath the large shade trees in a quiet Old Town neighborhood at 1700 Old Town Road.
    The thriving Airbnb and VRBO rentals bring numerous tourists and romantics, year-round, who obtain a taste of what living in New Mexico back in the early 1900’s must have been like. Decorated in vintage furnishings, which will remain with the property, provide guests with a real quaint and “at-home” comfort. Upon check-in, guests are greeted with homemade empanadas and a bottle of wine. All fixtures, linens, equipment, and utensils will remain with the property so that a new buyer can continue the operation and not skip a beat.
    For a new owner, there exists so much opportunity and value to add. Directly across the street from the beautiful Tiguex Park and a handful of museums, two blocks from Old Town and walking distance to several restaurants, the property has been utilized for weddings. Some guests have enjoyed their originally scheduled two night stay so much they have ended up remaining in place for six months. The current owners have met so many people and some of which have become dear friends in faraway places. An established business and beautiful property will result in the next ownership group being the third ownership entity of such a charming history ridden property.

    Four historic adobe homes
    Excellent curb appeal with beautiful landscaping
    Located within walking distance of historic Old Town Plaza, Museums, Restaurants
    Established with Airbnb, VRBO and Flipkey
    Independent AC units and separately metered individually
    Recently refurbished from floor to ceiling
    Property is fully fenced featuring electric gates for entrance/exit
    Open space for weddings or other events
    Laundry available for each unit
    Furniture, Fixtures & Equipment to remain in place

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Property Details

No where in Albuquerque, NM can a person find such a unique opportunity that consists of four totally restored 19th Century Adobe homes within a gated compound on .36 acres. Within walking distance to Old Town, the four homes have created the mainstay for an established VRBO/Airbnb business that carries Super Host status providing extraordinary experiences for their guests. The passionate husband-and-wife ownership team is now ready to retire and turn the on-going business and property over to a new owner.
With such great pride of ownership and passion, the four individual adobe casitas were completely refurbished and modernized to include their own gas and electric meters, air conditioning systems, instant hot water tanks, wi-fi, stackable washer and dryers, and outdoor sprinkler systems for the landscaping. In some cases, adobe walls had to be replaced and roofs were re-built while keeping the tin and character from the original roofs.
Each home was named after whom lived there. There is Casa de Abuelita (Granny’s House), Casa de Padre, Silversmith’s House, and Casa Grande. Enjoy a cup of coffee and visit on the private patio of each of the casitas or enjoy a nap in the hammock underneath the large shade trees in a quiet Old Town neighborhood at 1700 Old Town Road.
The thriving Airbnb and VRBO rentals bring numerous tourists and romantics, year-round, who obtain a taste of what living in New Mexico back in the early 1900’s must have been like. Decorated in vintage furnishings, which will remain with the property, provide guests with a real quaint and “at-home” comfort. Upon check-in, guests are greeted with homemade empanadas and a bottle of wine. All fixtures, linens, equipment, and utensils will remain with the property so that a new buyer can continue the operation and not skip a beat.
For a new owner, there exists so much opportunity and value to add. Directly across the street from the beautiful Tiguex Park and a handful of museums, two blocks from Old Town and walking distance to several restaurants, the property has been utilized for weddings. Some guests have enjoyed their originally scheduled two night stay so much they have ended up remaining in place for six months. The current owners have met so many people and some of which have become dear friends in faraway places. An established business and beautiful property will result in the next ownership group being the third ownership entity of such a charming history ridden property.

Four historic adobe homes
Excellent curb appeal with beautiful landscaping
Located within walking distance of historic Old Town Plaza, Museums, Restaurants
Established with Airbnb, VRBO and Flipkey
Independent AC units and separately metered individually
Recently refurbished from floor to ceiling
Property is fully fenced featuring electric gates for entrance/exit
Open space for weddings or other events
Laundry available for each unit
Furniture, Fixtures & Equipment to remain in place

  • Property Type
    Office
  • Sale Price
    $1,075,000
  • Total Acres
    0.08
  • Number of Floors
    1
  • Zoning
    R-1A
  • Last updated
    Dec 25, 2023
  • Property ID
    2199586

Landlord's Sales Representative

  • Keith Bandoni
    Colliers | Albuquerque