807 Highway 85 - Hospitality FOR SALE
Socorro, NM 87801 |
807 Highway 85
Socorro, NM 87801
HIGHLIGHTS
- 95-room hospitality investment opportunity that is currently non-operational, with multiple-brand affiliation options available.
- Strategic location at the first I-25 northbound exit in southern New Mexico boasts stunning views and sought-after visibility for traveler appeal.
- This prime value-add asset is in a top tourist area near Bosque del Apache and Salinas Pueblo Missions, attracting robust year-round visitor traffic.
- Guests and visitors will be minutes from New Mexico Tech University, home to the famed radio astronomy observatory known as the Very Large Array.
- Features prominent signage and seamless ingress and egress from its ample on-site parking lot front and center to over 7,100 VPD.
- Conveniently positioned within a quick 2-mile radius from Walmart Supercenter, O’Reilly Auto Parts, McDonald’s, Burger King, Arby’s, and many more.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Gazelle Stay Studio Motel | Prominent Signage
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
31612
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
B
YEAR BUILT
1981
PARKING SPACES
108
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C-2
APN/PARCEL ID
R002087
