1610 Cedar St - Hospitality FOR SALE


Raton, NM 87740
$1,049,000 USD
909-800-7139
1610 Cedar St, Raton, NM for Sale
$1,049,000 USD
Hospitality - FOR SALE
1/3
null | Request Cap Rate

1610 Cedar St
Raton, NM 87740


HIGHLIGHTS

  • RevPAR ~51% below competitors — significant upside through improved operations and revenue management.
  • Attractive entry price with private 1BD/1BA owner-operator living quarters on-site.
  • 3-story interior corridor layout ideal for franchise or brand conversion opportunity.
  • Positioned directly off I-25 capturing transient demand between Denver and Albuquerque.
  • Limited branded hotel supply in market — strong potential to capture additional market share.
  • Balanced transient, leisure, commercial, and government demand supports year-round occupancy.

OVERVIEW

Brian Brockman License # 20241, 9568 (NM) Bang Realty-New Mexico, Inc. 2939 Vernon Place, Cincinnati, OH 45219 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,049,000 USD

PRICE/SF

$63 USD /SF

# OF ROOMS

48

PRICE/ROOM

$21,854 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

65

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

C-3

APN/PARCEL ID

11896

ASK ABOUT THIS PROPERTY

Simon AssafMatthews Real Estate Investment ServicesMore Info
909-800-7139

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Simon AssafMatthews Real Estate Investment ServicesMore Info
909-800-7139

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.