Asking Price:$300,000 Gross Room Revenue:2003
- $75,000
2002
- $69,000
Occupancy Rate:2003
- 50%
2002
- 50%
Type of Property:
motel
Year built:
1964
Financing:
cash
# of rooms:
24 rooms
# of floors:
1
Restaurant:
no
Lounge:
no
Pool:
none
Where property is located:
city limits
Name of city:
not available
Population:
5,001 - 10,000
Comments:
On the historic Santa Fe Trail and close to town, just off of the freeway,
next door to a busy gas station. The building and units are all in good
condition, and range from single rooms to large triple rooms. Tourist trade
is seasonal, with the months of June through August being very popular with
people visiting nearby scenic attractions, and late Fall and early Spring
attracting hunters. The town is a small rural community nestled in the
mountains of northern New Mexico close to the Colorado border.
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