Sundowner Celebrates Grand Opening
The City of Albuquerque contributes $2,278,857 in Workforce Housing Trust Funds to help make this nearly $9 Million project, become a reality.
May 20, 2014
The City of Albuquerque along with the New Mexico Mortgage Finance Authority and New Life Homes came together to celebrate the Grand Opening of the newly renovated Sundowner Motel that is located on Albuquerque's Historic Route 66. The Sundowner Motel was build in 1960 and unlike other motels of its day, featured a nightclub and swimming pool, making it one of the hottest places in town.
In the mid 70’s the Sundowner was home to visionaries Bill Gates and Paul Allen and the beginnings of Microsoft.
The old, rundown 110-room motel surrounding an acre of asphalt has now been transformed into a 71-unit, mixed use, mixed-income rental housing development with many community amenities including 3,400 square feet of commercial/retail space fronting along Central Avenue targeting small businesses. Of those 71 units, 44 are efficiencies, 15 are one-bedrooms, 11 two-bedrooms, and one three-bedroom unit.
The development contains units for low income households, but also incorporates market rate units to make this a truly mixed–income development. Affordable rental rates will begin at $320 per month for an efficiency, $343 for a 1-bedroom, and $411 for a two bedroom apartment, including utilities. Market rate units will begin at $432 per month for an efficiency, and go up to $1,084 for the three-bedroom unit.
If you are interested in leasing an apartment at the newly opened Sundowner, Contact New Life Homes at (505)293-7553 to apply.
Please click on the link below to view an article about the Route 66 Sundowner Motel renovation!