NewLife Homes, which brought new life (no pun intended) to two historic Route 66 motels in Albuquerque, wants to add a third the Duke City to its portfolio.
According to Albuquerque Business First:
Executive DirectorJohn Bloomfield said he’s exploring the acquisition of the Deluxe Inn & Suites at 12901 Central Ave. NE between Juan Tabo and Tramway boulevards. The project would become a 76-unit apartment complex that would be marketed primarily to veterans.
Here’s a Google Street View image of the hotel:
According to one online source, the Deluxe originally was built in 1960 as a Holiday Inn.
NewLife Homes also renovated the Sundowner Motel and the Luna Lodge — both on Route 66 in Albuquerque — into low-income housing.
Bloomfield also told the newspaper he’s also interested in acquiring the De Anza Motor Lodge — which continues to sit after two failed redevelopments — and El Vado Motel, which the city days ago asked for proposals for redevelopment. El Vado must be partially used for low-income housing, which would be right in Bloomfield’s wheelhouse.