26154 US Highway 70 - Hospitality FOR SALE


Ruidoso Downs, NM 88346
$1,200,000 USD
575-937-3948
26154 US Highway 70, Ruidoso Downs, NM for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

26154 US Highway 70
Ruidoso Downs, NM 88346


HIGHLIGHTS

  • Highway frontage
  • Tourist Destination
  • Living Quarters

OVERVIEW

Bestway Inn is a well-maintained updated lodging property in Ruidoso Downs offering 21 guest rooms plus a 2-bedroom apartment, creating multiple revenue and operational opportunities. The room mix includes 8 rooms with one bed, 12 rooms with two beds, and 1 room with three beds, allowing the property to accommodate a variety of traveler needs, from solo guests to families and groups. The attached 2-bedroom apartment, located just off the lobby, is ideal for an on-site owner or management team, helping streamline operations and guest service. Alternatively, the apartment could be rented separately to generate additional income. This property offers investors and owner-operators a turnkey hospitality opportunity with flexible use options and upside potential. Year built & square footage are unknown - LBP addendum will be provided just in case. Signed NDA Required prior to requesting financial information. Please call LA for appointment to view.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$240 USD /SF

# OF ROOMS

21

PRICE/ROOM

$57,143 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bestway Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

17,091 SF

ZONING

-

APN/PARCEL ID

4075065114306000000

ASK ABOUT THIS PROPERTY

Mirissa GoodBHGRE Steinborn & AssociatesMore Info
575-937-3948

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Mirissa GoodBHGRE Steinborn & AssociatesMore Info
575-937-3948

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